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Which of the following is a component of the planning variance? a) Direct material quantity variance b) Sales price variance c) Sales quantity variance d)

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Which of the following is a component of the planning variance?

a) Direct material quantity variance

b) Sales price variance

c) Sales quantity variance

d) Direct labour efficiency variance

Please answer with full explanation. Thank you!

Which of the following is a component of the planning variance? - Direct material quantity variance - Sales price variance - Sales quantity variance - Direct labour efficiency variance

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