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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 10: Standard Costing and Variance Analysis
  5. Question
    The Materials Price Variance Is Computed Using the Actual Quantity
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The Materials Price Variance Is Computed Using the Actual Quantity

Question 15

Question 15

True/False

The materials price variance is computed using the actual quantity of materials used, and the materials usage variance is computed using the actual quantity of materials purchased.

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