Fill in the blanks. The material price variance is the difference between ………………… and ………………… The material usage variance is the difference between ………………… and …………………
【参考答案及解析】
The material price variance is the difference between what the material did cost and what it should have cost. The material usage variance is the difference between the standard cost of the material that should have been used and the standard cost of the material that was used.
The material price variance is the difference between what the material did cost and what it should have cost. The material usage variance is the difference between the standard cost of the material that should have been used and the standard cost of the material that was used.