Question: The formula SP * (SQ - AQ) is the: Multiple Choice 0 direct materials quantity variance. 0 direct materials volume variance. 0 direct materials price

The formula SP * (SQ - AQ) is the: Multiple Choice 0 direct materials quantity variance. 0 direct materials volume variance. 0 direct materials price variance. 0 direct materials spending variance. The difference between the actual labor rate and the standard labor rate, multiplied by the actual labor hours, is the Multiple Choice o direct labor volume variance. o direct labor spending variance. o direct labor efficiency variance. o direct labor rate variance

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