The Standard Unit Cost Is Used in the Calculation of Which

Short Answer

The standard unit cost is used in the calculation of which of the following variances? $\begin{array}{lll}&\text { Materials Price Variance }&\text { Materials Quantity Variance }\\\text { a. } & \text { No } & \text { No } \\\text { b. } & \text { No } & \text { Yes } \\\text { c. } & \text { Yes } & \text { No } \\\text { d. } & \text { Yes } & \text { Yes }\end{array}$