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bernie2981 bernie2981
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8 years ago
The direct materials price variance is calculated as
A) the difference in Actual Quantities (AQ) multiplied by the Actual Price (AP) of the input.
B) the Actual Quantity (AQP) of direct materials divided by the Actual Quantity (AQ).
C) the direct materials Actual Quantity Purchased (AQ) divided by the per unit price.
D) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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