Solved

The General Model for Calculating a Price Variance Is:
A)actual ×\times

Question 11

Multiple Choice

The general model for calculating a price variance is:


A) actual quantity of inputs ×\times (actual price - standard price) .
B) standard price ×\times (actual quantity of inputs - standard quantity allowed for output) .
C) (actual quantity of inputs at actual price) - (standard quantity allowed for output at standard price) .
D) actual price ×\times (actual quantity of inputs - standard quantity allowed for output) .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents