In a Standard Cost System,when the Materials Price Variance Is

question 85

Multiple Choice

In a standard cost system,when the materials price variance is recorded at the time the material is purchased,the materials purchase price variance is obtained by multiplying the:

• A)Actual price by the difference between actual quantity purchased and standard quantity used.
• B)Actual quantity purchased by the difference between actual price and standard price.
• C)Standard price by the difference between standard quantity purchased and standard quantity used.
• D)Standard quantity purchased by the difference between actual price and standard price.

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Definitions:

Deep Pressure

A form of tactile sensory input which involves the application of firm but gentle squeezes, hugs, or holding that calms the nervous system.

Light Touch

A sensory stimulus that is gentle and not forceful, often used in medical examinations to assess neurological function.

Sensory Receptors

Specialized cells or structures that detect external or internal environment stimuli and convert them into electrical impulses.

Pacinian Corpuscle

A type of nerve ending in the skin that detects pressure and vibration.