Match the Variance with Its Correct Calculation

question 164

Multiple Choice

Match the variance with its correct calculation.
-Budgeted Costs

• A)Actual Quantity × Actual Price
• B)(Actual Hours × Actual Rate) − (Standard Hours × Standard Rate)
• C)(Actual Quantity × Actual Price) − (Standard Quantity × Standard Price)
• D)(Actual Hours − Standard Hours) × Standard Rate
• E)(Actual Price − Standard Price) × Actual Quantity
• F)Standard Quantity × Standard Price
• G)(Actual Rate − Standard Rate) × Actual Hours
• H)(Actual Quantity − Standard Quantity) × Standard Price

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Definitions:

Four-wheel-drive Vehicles

Automobiles equipped with a drivetrain that allows all four wheels to receive torque from the engine simultaneously.

Nuclear Energy

Energy released during nuclear fission or fusion, especially when used to generate electricity.

Nuclear Fusion

A process where two light atomic nuclei combine to form a heavier nucleus, releasing a large amount of energy.

Uranium Decays

The process by which uranium atoms split into smaller parts (decay), releasing energy and creating new elements, used in both nuclear energy production and radiometric dating.