Question: The material price variance is calculated on the a. quantity of direct materials purchased. b. quantity of direct materials spoiled. c. quantity of direct materials
The material price variance is calculated on the
a.
quantity of direct materials purchased.
b.
quantity of direct materials spoiled.
c.
quantity of direct materials that should have been used in achieving actual production
d.
quantity of direct materials actually used.
e.
Some other factor not listed here
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