If a company follows a practice of isolating variances at the earliest point in time, what would

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If a company follows a practice of isolating variances at the earliest point in time, what would be the appropriate time to isolate and calculate a material price variance? 

(a). When material is issued. 

(b). When material is purchased. 

(c). When material is used in production. 

(d). When purchased order is originated.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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