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If the actual price paid for the quantity of materials purchased is less than the actual quantity purchased times the standard price, then: Question 2

If the actual price paid for the quantity of materials purchased is less than the actual quantity purchased times the standard price, then:

Question 2 options:

The materials efficiency variance will be unfavorable.

The materials price variance will be favorable.

The materials price variance will be unfavorable.

The materials efficiency variance will be favorable.

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