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Which of the following choices correctly indicates the use of the standard price per unit of direct material when calculating the materials price variance and

Which of the following choices correctly indicates the use of the standard price per unit of direct material when calculating the materials price variance and the material quantity variance?

Price Variance Quantity Variance
A. Used Always used
B. Used Occasionally used
C. Used Not used
D. Not used Always used
E. Not used Not used

Multiple Choice

  • Choice A

  • Choice B

  • Choice C

  • Choice D

  • Choice E

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