Total Material cost variance =

1.	Total Material cost variance =
A.	Standard cost of materials-actual cost of materials
B.	Budgeted cost of materials- actual cost of materials
C.	Standard cost of materials-budgeted cost of materials
D.	Actual cost of materials- budgeted cost of materials
Answer» B. Budgeted cost of materials- actual cost of materials

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Total Material cost variance =

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