The General Model for Calculating a Price Variance Is

question 38

Multiple Choice

The general model for calculating a price variance is

• A)actual quantity of inputs x (actual price - standard price).
• B)standard price x (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 x (actual quantity of inputs - standard quantity allowed for output).