The Algebraic Equation for the Direct Materials Price Variance Is

question 144

Multiple Choice

The algebraic equation for the direct materials price variance is

• A)Direct materials price variance = AQpurch × (AP - SP)
• B)Direct materials price variance = SQpurch × (AP - SP)
• C)Direct materials price variance = SP × (AQpurch - SQpurch)
• D)Direct materials price variance = AP × (AQpurch - SQpurch)

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