Which of the following statements correctly de scribes an unfavorable material price variance? a. Too much material
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Which of the following statements correctly de¬ scribes an unfavorable material price variance?
a. Too much material was purchased.
b. A higher price was paid for material purchased compared with the standard price.
c. More material was used than called for by the standard.
d. Less material was used than called for by the standard.
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