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  3. Study Set
    Cornerstones of Managerial Accounting Study Set 2
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    Exam 10: Standard Costing: a Managerial Control Tool
  5. Question
    A Favourable Price Variance Occurs Whenever the Actual Prices Are
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A Favourable Price Variance Occurs Whenever the Actual Prices Are

Question 75

Question 75

True/False

A favourable price variance occurs whenever the actual prices are greater than the standard prices.

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