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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Definitions:

Unconscious

Pertaining to the part of the mind that is inaccessible to the conscious mind but that affects behaviors and emotions.

Superego

In psychoanalytic theory, the part of the mind that acts as a self-critical conscience, reflecting social standards learned from parents and authority figures.

Ego

In psychoanalytic theory, the part of the psyche that mediates between the primal desires of the id and the moral demands of the superego.

Problem-Solving Skills

The ability to identify, define, and resolve problems through the application of appropriate strategies and critical thinking.