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Multiple Choice Question :________ is the Difference Between Standard Price and Actual Price Paid. - Cost Accounting(Financial Accounting and Auditing 10)

MCQ

Multiple Choice Question :
________ is the difference between Standard Price and Actual Price Paid.

Options

  • Material Price Variance

  • Material Cost Variance

  • Material Mix Variance

  • Material Yield Variance

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Solution

Material Price Variance

Concept: Introduction to Standard Costing
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