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The Direct Materials Price Variance Is (Standard Price/ Divided Units)

question 95

True/False

The direct materials price variance is (standard price/ divided units) times actual unit output.


Definitions:

Connectives

Words or phrases that are used to connect words, phrases, clauses, or sentences, such as "and", "but", and "because".

Main Connective

The primary logical operator in a proposition that determines its overall truth value.

Atomic Statements

Simple statements that cannot be broken down into parts that are themselves statements, serving as the basic building blocks of more complex statements in logic.

Main Components

Fundamental parts or elements that make up a system, structure, or compound.

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