MCQOPTIONS
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| 1. |
A favorable direct materials price variance occurs when: |
| A. | Actual rate of direct materials is higher than standard rate of direct materials |
| B. | Actual rate of direct materials is equal to standard rate of direct materials |
| C. | Actual rate of direct materials is less than standa |
| D. | rate of direct materials |
| Answer» D. rate of direct materials | |