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Question 1 1 pts Waste on the production line will result in an unfavorable materials variance Question 2 1 pts A materials quantity variance occurs

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Question 1 1 pts Waste on the production line will result in an unfavorable materials variance Question 2 1 pts A materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period. Question 3 1 pts A materials price variance is if the actual price exceeds the standard price

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