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Which of the following formulas represents the direct materials price variance? a. (Actual Price - Standard Price) x Standard Quantity b. (Actual Price - Standard

Which of the following formulas represents the direct materials price variance? a. (Actual Price - Standard Price) x Standard Quantity b. (Actual Price - Standard Price) Actual Quantity c. (Actual Quantity - Standard Quantity) Standard Price d. (Actual Quantity - Standard Quantity) Actual Price

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