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During a lunch break, several learners state the classroom is too cold. Which of the following should the instructor do FIRST?
Raw Material
The basic material from which a product is made, used in the initial stages of production.
Materials Price Variance
The difference between the actual cost of materials and the standard cost multiplied by the quantities purchased.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, based on the standard cost.
Materials Quantity Variance
The discrepancy between the actual use of materials in production and the planned use, each multiplied by the predetermined cost per unit.
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