The difference between standard and actual cost per unit of input is measured by:
A)the raw materials price variance.
B)the direct labor rate variance.
C)the variable overhead spending variance.
D)All of the answers are correct.

Question

Quizplus · Accepted Answer

All the variances listed (raw materials price variance, direct labor rate variance, and variable overhead spending variance) measure the difference between standard and actual cost per unit of input.

The Difference Between Standard and Actual Cost Per Unit of Input