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Write your answer in the space provided. 1) On the line in front of each...

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Accounting

Write your answer in the space provided.

1) On the line in front of each variance, enter the letters of the items needed to compute that variance. You will enter more than one item on each line.

Actual Price (AP)

Actual Quantity (AQ)

Standard Price (SP)

Standard quantity

________ Direct materials price variance

________ Direct materials quantity variance

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