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4. The formula for material price variance is; a. (SP-AP) x AQ b. (SP x SQ) (AP x AQ) c. (SQ-AQ) x SP d. None

4. The formula for material price variance is;

a. (SP-AP) x AQ

b. (SP x SQ) (AP x AQ)

c. (SQ-AQ) x SP

d. None of the above

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