Question: The materials usage variance is calculated by the equation a. (Standard Price Actual Quantity) (Standard Price Standard Quantity). b. (Standard Price Standard Quantity) + (Standard
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. |
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