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Write your answer in the space provided. 1) On the line in front of each variance, enter the letters of the items needed to compute
Write your answer in the space provided.
1) On the line in front of each variance, enter the letters of the items needed to compute that variance. You will enter more than one item on each line.
Actual Price (AP)
Actual Quantity (AQ)
Standard Price (SP)
Standard quantity
________ Direct materials price variance
________ Direct materials quantity variance
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