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The Standard Unit Cost Is Used in the Calculation of Which

question 97

Multiple Choice

The standard unit cost is used in the calculation of which of the following variances? (CPA adapted)  Materials Price  Variance  Materials Usage  Variance  A.  No  No  B.  No  Yes  C.  Yes  No  D.  Yes  Yes \begin{array}{|c|cc|} \hline& \begin{array}{c}\text { Materials Price } \\\text { Variance }\end{array} & \begin{array}{c}\text { Materials Usage } \\\text { Variance }\end{array} \\\text { A. } & \text { No } & \text { No } \\\hline \text { B. } & \text { No } & \text { Yes } \\\hline \text { C. } & \text { Yes } & \text { No } \\\hline \text { D. } & \text { Yes } & \text { Yes } \\\hline\end{array}


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