Match the following: List-I List-II P. Material cost variance 1. SP (RSQ-AQ) Q. Material price variance 2. SP (SQ-AQ) R. Material usage variance 3. AQ (SP-AP) S. Material mix variance 4. SC-AC Select the correct answer f
CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Material cost variance 1. SP (RSQ-AQ) Q. Material price variance 2. SP (SQ-AQ) R. Material usage variance 3. AQ (SP-AP) S. Material mix variance 4. SC-AC Select the correct answer from the options given below — P Q R S
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Standard Costing
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