Question: 3. What is the correct formula for computing the Material price variance if (AP) = actual price per unit of material (BP) = Budget price

3. What is the correct formula for computing the Material price

3. What is the correct formula for computing the Material price variance if (AP) = actual price per unit of material (BP) = Budget price per unit of direct material and (AQp) = Actual Quantity of material purchased. (1.5 Points) =(qP-qP) x Aqp =(AP-BP) x Aqp =(Aq- Bq) x Aqp =(Aq- Bq) x Ap

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