​ *Actual Hours Are Equal to Standard Hours for Units Produced.​

question 86

Multiple Choice

​
*Actual hours are equal to standard hours for units produced.​
-Which of the following is the correct formula for the revenue volume variance?

• A)Planned Revenues - Actual Revenues
• B)(Planned Selling Price per Unit - Actual Selling Price per Unit) × Actual Units Sold
• C)(Planned Units Sold - Actual Units Sold) × Actual Sales Price
• D)(Planned Units Sold - Actual Units Sold) × Planned Sales Price

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Definitions:

Weathering

The breakdown of rocks, soil, and minerals as well as artificial materials through contact with the Earth's atmosphere, organisms, and water.

Precipitation

Any kind of water, either as a liquid or a solid, that drops from the clouds and lands on the Earth, covering types like rain, snow, sleet, and hail.

Gold Placer Deposits

Concentrations of gold found in sedimentary deposits, formed by gravity separation during sedimentary processes.

Caldera

A caldera is a large depression formed when a volcano erupts and collapses, following the emptying of the magma chamber below the volcano.