Material price variance is the difference between standard and actual prices of materials used multiplied by ..

Budgeted quantity of materials used

Actual quantity of materials used

Standard quantity of materials used

Material price variance is the difference between standard and actual

1.	Material price variance is the difference between standard and actual prices of materials used multiplied by ..
A.	Actual quantity of materials used
B.	Budgeted quantity of materials used
C.	Standard quantity of materials used
D.	Either a or b
Answer» B. Budgeted quantity of materials used

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Material price variance is the difference between standard and actual prices of materials used multiplied by ..

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