If the price paid per unit differs from the standard price per unit for direct materials, the variance is a _____ variance.
A)variable
B)controllable
C)price
D)volume

Question

Quizplus · Accepted Answer

The variance is a price variance, which occurs when the actual price paid for materials differs from the expected or standard price. This variance helps in analyzing the difference in costs due to changes in the price of materials.

If the Price Paid Per Unit Differs from the Standard