The materials price variance is computed using the equation
A) (Actual Price ´ Actual Quantity) - (Standard Price ´ Standard Quantity) .
B) (Standard Price ´ Actual Quantity) - (Actual Price ´ Actual Quantity) .
C) (Standard Price ´ Standard Quantity) - (Actual Price ´ Actual Quantity) .
D) (Actual Price ´ Actual Quantity) - (Standard Price ´ Actual Quantity) .
E) none of these.
Correct Answer:
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