The standard cost of direct material is the
A)Standard price of direct material input x standard quantity of direct material inputs
B)Standard price of direct material input x actual quantity of direct material inputs
C)Actual price of direct material input x standard quantity of direct material inputs
D)Actual price of direct material input x actual quantity of direct material inputs.

Question

Quizplus · Accepted Answer

The standard cost of direct material is calculated as the standard price of direct material input multiplied by the standard quantity of direct material inputs. This represents the expected cost of the material per unit of output.

The Standard Cost of Direct Material Is the