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The flexible budget direct materials formula is calculated by: Standard quantity allowed for actual units produced X standard price for DM per unit Standard quantity
The flexible budget direct materials formula is calculated by: Standard quantity allowed for actual units produced X standard price for DM per unit Standard quantity allowed for actual units produced X actual price for DM per unit Actual quantity of materials used for actual units produced X standard price for DM per unit Actual quantity of materials used for actual units produced X actual price for DM per unit
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