A Material Usage Variance Is Calculated As

question 43

Multiple Choice

A material usage variance is calculated as:

• A) the difference in unit price × actual quantity of inputs.
• B) the difference in unit price × standard quantity of inputs.
• C) standard price × (actual quantity of inputs - standard quantity allowed for units of output).
• D) actual price × difference in quantity of inputs.

---

Definitions:

Social Thinking

The process by which individuals interpret, analyze, remember, and use information about the social world.

Vygotsky's Theory

A psychological theory by Lev Vygotsky emphasizing the importance of social interaction and culture in cognitive development.

Piaget

A Swiss psychologist known for his pioneering work in child development, especially regarding the stages of cognitive development.

Field of Education

An area of study or a branch of knowledge that is taught and researched within the educational system.