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book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
Exercise 11
Explain why the quantity purchased (PQ) is used in computing the direct-material purchase price variance, but the actual quantity consumed (AQ) is used in computing the direct-material price and quantity variances.
Explanation
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Quantity purchases (PQ ) is the outcome ...

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Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
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