In a standard cost system,when the materials price variance is recorded at the time the material is purchased,the materials purchase price variance is obtained by multiplying the:

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The materials purchase price variance is the difference between the actual cost of materials purchased and the expected cost based on standard prices. Therefore, we need to multiply the actual quantity purchased by the difference between actual price and standard price to obtain the materials purchase price variance. Option A is incorrect because it multiplies the actual price by the difference between actual and standard quantities, which is not relevant to the materials purchase price variance. Option C is incorrect because it multiplies the standard price by the difference between standard and actual quantities, which is not relevant to the actual cost incurred. Option D is incorrect because it multiplies the standard quantity purchased by the difference between actual and standard prices, which is not relevant to the materials purchase price variance.

In a Standard Cost System,when the Materials Price Variance Is