The usage variance can be calculated by multiplying the expected input price by the difference between:
A) the quantity of inputs actually used and the quantity of inputs that should have been used for actual output
B) the standard inputs allowed and projected inputs allowed for expected output
C) the quantity of inputs actually used and the quantity of inputs that should have been used for projected output
D) the standard inputs allowed and projected inputs allowed at actual output

Question

Quizplus · Accepted Answer

The usage variance is calculated by taking the difference between the actual quantity of inputs used and the quantity that should have been used for the actual output, then multiplying by the expected input price.

The Usage Variance Can Be Calculated by Multiplying the Expected