The General Model for Calculating a Quantity Variance Is

question 71

Multiple Choice

The general model for calculating a quantity variance is:

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

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Definitions:

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