The direct materials price variance is (actual price-standard price)times actual quantity purchased.
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Q18: The standard for the direct labor rate
Q21: If the standard quantity allowed for direct
Q22: The _ "measures whether the quantity of
Q23: The _ "measures how well the business
Q24: The standard quantity of direct materials is
Q24: The _ "shows how well management has
Q26: If the purchasing manager purchased a greater
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Q30: A favorable direct materials quantity variance indicates
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