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Which of the following equations can be used to compute a labor usage variance? (A = Actual; S = Standard; Q = Quantity; P =

Which of the following equations can be used to compute a labor usage variance? (A = Actual; S = Standard; Q = Quantity; P = Price)

  1. AQ X SP) - (SQ X SP)
  2. (SQ X SP) - (SQ X SP)
  3. (AQ X AP) - (SQ X SP)
  4. (AQ X AP) - (AQ X SP

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