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

question 64

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).

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