MCQOPTIONS
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MCQOPTIONS
| 1. |
The sub-variance of material usage variance, known as Material mix variance is measured as |
| A. | Total standard cost - Total actual cost |
| B. | Standard cost of revised standard mix - Standard cost of actual mix |
| C. | Standard unit price - Actual unit price) * Actual quantity used |
| D. | Standard quantity - Actual quantity) * Unit standard price |
| Answer» C. Standard unit price - Actual unit price) * Actual quantity used | |