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The variance computed by multiplying the difference between the actual and standard quantity of materials by the standard price paid is the: Materials quantity variance
The variance computed by multiplying the difference between the actual and standard quantity of materials by the standard price paid is the:
- Materials quantity variance
- Materials price variance
- Labor rate variance
- Manufacturing overhead spending variance
The variance computed by multiplying the difference between the actual and standard quantity of materials by the standard price paid is the:
- Materials quantity variance
- Materials price variance
- Labor rate variance
- Manufacturing overhead spending variance
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