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Business, 30.07.2021 15:40 maguilarz2005

1. The total direct materials cost variance is equal to the variance and the variance. direct materials price; direct labor time direct materials price; factory overhead volume direct materials price; direct materials quantity None of these choices are correct. 2. The direct labor rate variance and the direct labor time variance make up the actual direct labor cost. standard direct labor cost. total direct labor cost variance. None of these choices are correct. 3. The direct materials quantity variance is computed as (Actual Quantity – Standard Quantity) × Standard Price. (Actual Price – Standard Price) × Actual Quantity. Actual Costs – (Standard Quantity × Standard Price). (Actual Quantity + Standard Quantity) × Standard Price.

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