For control purposes, it is usually preferable to calculate the materials price variance: At point...

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Accounting

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For control purposes, it is usually preferable to calculate the materials price variance: At point of production (i.e., when the materials are issued to production). Only if the materials quantity variance is significant in amount. At point of purchase (i.e., when the materials are purchased). Only if it is controllable by operating managers. At the end of the accounting period

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