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:

Paradoxical Intent

A therapeutic technique in which a person tries to bring about a feared outcome, often resulting in the reduction of the fear’s intensity.

Behavior Therapies

A type of psychotherapy that focuses on changing undesirable behaviors through reinforcement and conditioning.

Humanistic

A psychological perspective emphasizing the study of the whole person and individual potential and growth.

Is Learned

Refers to behaviors, skills, or information acquired through experience, observation, or instruction, rather than innate.