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Material sub usage variance is calculated when

A) When quantity of wastage is not given
B) When quality of output is not given
C) When price of wastage is not given
D) When total cost of output is not given

A. A and B

B. B and C

C. C and A

D. D and B

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above