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? $$\begin{array} { l l l } & \text { Materials Price Variance } & \text { Materials Quantity Variance } \\\text { a. } & \text { No } & \text { No } \\\text { b. } & \text { No } & \text { Yes } \\\text { c. } & \text { Yes } & \text { No } \\\text { d. } & \text { Yes } & \text { Yes }\end{array}$$