MCQOPTIONS
Saved Bookmarks
| 1. |
Which of the following is a correct formula for computing direct materials price variance? |
| A. | Standard quantity purchased × (Actual rate - Standard rate) |
| B. | Actual quantity purchased × (Actual rate - Standard rate) |
| C. | Standa |
| D. | quantity purchased × (Actual rate + Standard rate) |
| Answer» C. Standa | |