Which of the following statements is true? The materials price variance is computed based on...
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Accounting
Which of the following statements is true? The materials price variance is computed based on the amount of materials purchased during the period. The standard price per unit for direct materials should reflect the final, delivered cost of the materials. In general, the production manager is responsible for the materials price variance. An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period
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