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    Financial and Managerial Accounting Study Set 8
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    Exam 24: Standard Cost Systems
  5. Question
    A Favorable Materials Price Variance Indicates That Actual Prices Paid
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A Favorable Materials Price Variance Indicates That Actual Prices Paid

Question 39

Question 39

True/False

A favorable materials price variance indicates that actual prices paid in acquiring materials were more than standard prices.

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