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Suppose you are trying to quit smoking, but you are having trouble doing so. When you take a moment to think about why you might be having so much trouble (i.e., when you try to analyze your resistance to quitting) , you are relying on ____.
Materials Price Variance
The difference between the actual cost of direct materials and the expected cost at standard prices.
Materials Quantity Variance
The difference between the actual amount of materials used in production and the standard amount expected, multiplied by the standard cost per unit.
Materials Price Variance
The difference between the actual cost of materials purchased and the standard cost, multiplied by the quantity of materials purchased.
Raw Materials Price Variance
The difference between the actual cost of raw materials and the expected (or standard) cost.
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