Which of the Following Mathematical Expressions Is Used to Compute

question 45

Multiple Choice

Which of the following mathematical expressions is used to compute the materials usage variance?

• A) (Standard Price × Actual Quantity) - (Standard Price × Standard Quantity)
• B) (Fixed Price × Standard Quantity) + (Variable Price × Actual Quantity)
• C) (Average Price × Average Quantity) - (Standard Price × Standard Quantity)
• D) (Actual Price × Standard Quantity) + (Actual Quantity × Standard Price)
• E) None of these.

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