The Formula for Calculating an Input Price Variance Is

question 9

Multiple Choice

The formula for calculating an input price variance is:

• A)(Actual volume less budgeted volume) x actual price.
• B)(Budgeted volume less actual volume) x budgeted price.
• C)(Budgeted price less actual price) x actual volume.
• D)(Actual price less budgeted price) x budgeted volume,

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Definitions:

Chondrichthyes

The class of cartilaginous fishes that includes the sharks, rays, and skates.

Lungs

Main organs of the respiratory system, involved in the exchange of oxygen from the atmosphere with carbon dioxide from the blood.

Evolved

A term referring to the process by which species undergo gradual changes in their genetic composition and traits over generations, often in response to environmental pressures.

Lungfishes

A group of freshwater fishes that have the ability to breathe air using lungs, in addition to gill breathing.