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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

Solution by Mcqs Clouds

Answer: Option A

Explanation:
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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

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D. None of the above