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Which of the following formulas is used to calculate the materials price variance? ( Actual Price Actual Quantity ) - ( Standard . Price Standard
Which of the following formulas is used to calculate the materials price variance?
Actual Price Actual QuantityStandardPrice Standard Quantity
Variable Price times Actual QuantityTotal Price times Actual Quantity
Fixed Price times Average QuantityStandard Price times Actual Quantity
Actual Price Actual QuantityStandard Price Actual Quantity
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