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  3. Study Set
    Management Accounting Study Set 2
  4. Exam
    Exam 10: Standard Costs, Flexible Budgets and Variance Analysis
  5. Question
    The Direct Materials Price Variance Is the Actual Direct Materials
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The Direct Materials Price Variance Is the Actual Direct Materials

Question 12

Question 12

True/False

The direct materials price variance is the actual direct materials purchased at standard price less the actual direct materials purchased at actual price.

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