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  3. 1. what distinction must be made when computing th

1. What distinction must be made when computing the materials price variance vs. the materials...

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Accounting

1. What distinction must be made when computing the materials price variance vs. the materials quantity variance that is not an issue with the direct labor or variable overhead variances? Be sure to state why we bother to differentiate?

2.

Give the complete formula describing what costs would be debited to Work-in-Process in a standard costing system.

i.e. _________ price x _________ quantity for ____________

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