Which of the following equations can be used to compute the total materials variance? (A = Actual; S = Standard; Q = Quantity; P = Price)
A) (AQ × AP) − (SQ × SP)
B) (SQ × SP) − (SQ × SP)
C) (AQ × AP) − (AQ × SP)
D) (AQ × SP) − (SQ × SP)
Correct Answer:
Verified
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