Question
Standard Price (Standard Quantity – Actual Quantity) =
____________.Solution
The formula you provided: Standard Price (Standard Quantity – Actual Quantity) = Material Usage Variance Material Usage Variance is a component of variance analysis in standard costing. It measures the difference between the actual quantity of materials used and the standard quantity that should have been used at the standard price. The variance indicates whether more or fewer materials were used than expected, and it helps in evaluating the efficiency of material usage in the production process.
Slide setup, slide orientation, presentation themes and background in MS-PowerPoint 2016 (MS-PowerPoint 2016) appear under which of the following menu?
First web based email service (founded in 1996)
To align the selected text or line to justify the screen, press:
Junk e-mail is also called _______.
Which among the following is used to update all device drivers at the same time?
Silicon Chips were introduced in which generation of computers?
Bridge work at which layer of OSI Model?
Invention of graphical user interface (GUI) and the mouse took place in which generation of computers?
Which of the following Internet protocol specifies how data is exchanged over the Internet and how it should be broken into IP packets?
Holding the mouse button down while moving an object or text is known as _________.
