The formula to compute direct materials price variance is to calculate the difference between a. actual costs
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Question:
a. actual costs - (actual quantity * standard price)
b. actual cost + standard costs
c. actual cost - standard costs
d. (actual quantity * standard price) -standard costs
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0132109178
14th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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