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    Fundamentals of Cost Accounting
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    Exam 16: Fundamentals of Variance Analysis
  5. Question
    The Materials Price Variance Is Computed by Multiplying the Difference
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The Materials Price Variance Is Computed by Multiplying the Difference

Question 53

Question 53

True/False

The materials price variance is computed by multiplying the difference between the actual price and the standard price by the actual quantity of materials used in production.

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