The Materials Usage Variance Is Calculated by the Equation

Multiple Choice

The materials usage variance is calculated by the equation

A) (Standard Price * Actual Quantity) -(Standard Price * Standard Quantity) .
B) (Standard Price * Standard Quantity) - (Standard Price * Actual Quantity) .
C) (Actual Price * Actual Quantity) - (Standard Price * Actual Quantity) .
D) (Actual Price * Standard Quantity) + (Actual Quantity * Standard Price) .
E) None of these.