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exam 2 :811 10:30 This exam consists of 130 points and 30 ques

exam 2 :811 10:30     This exam consists of 130 points and 30 ques exam 2 :811 10:30 This exam consists of 130 points and 30 questions 1 3 Amaterials price variance is unfavorable if the actual price exceeds the standard price : :8 159 True O False 2 3 A favorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period. True False D 2 35 Afavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period. True False 3 39 The breakeven point in sales is the fixed cost divided by the contribution margin per unit. True False D24 39 The margin of safety equal actual sales-breakeven sales True False

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