Multiple Choice
Which formula is used to calculate the materials usage variance?
A) (actual price × actual quantity) - (standard price × actual quantity)
B) (actual price × standard quantity) - (standard price × actual quantity)
C) (standard price × actual quantity) - (standard price × standard quantity)
D) (standard price × standard quantity) - (standard price × actual quantity)
Correct Answer:
Verified
Correct Answer:
Verified
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