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Which of the following equations can be used to compute the total materials variance? (A = Actual; S = Standard; Q = Quantity; P =
Which of the following equations can be used to compute the total materials variance? (A = Actual; S = Standard; Q = Quantity; P = Price)
a) (AQ × AP) - (SQ × SP)
b) (SQ × SP) - (SQ × SP)
c) (AQ × AP) - (AQ × SP)
d) (AQ × SP) - (SQ × SP)
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