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

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
by

1 Answer

Answer :

B. Standard cost of revised standard mix - Standard cost of actual mix
by

Related questions

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