What Is the Material Price Variance

question 152

Multiple Choice

What is the material price variance?

• A)It is the difference between the actual and standard unit price of an input multiplied by the number of inputs used.
• B)It is the difference between the actual and standard unit price of an output multiplied by the number of inputs used.
• C)It is the difference between the actual and standard unit price of an input multiplied by the number of inputs purchased.
• D)It is the difference between the actual and standard unit price of an output multiplied by the number of inputs purchased.

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Definitions:

Form Layout View

An interface in database applications that allows users to design and arrange the visual structure of forms.

Height

In the context of user interfaces, refers to the vertical size or extent of an element or object, often measurable in pixels or points.

Visible

A property that determines whether an element such as a control, field, or object is displayed or hidden in a user interface.

Keep Together

A setting or property in reporting and document layout design that ensures related items, such as records or lines of text, are not split across pages or sections.