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The General Model for Calculating a Quantity Variance Is

Question 204

Multiple Choice

The general model for calculating a quantity variance is:


A) Actual quantity of inputs used × (Actual price − Standard price) .
B) Standard price × (Actual quantity of inputs used − Standard quantity allowed for output) .
C) (Actual quantity of inputs used × Actual price) − (Standard quantity allowed for output × Standard price) .
D) Actual price × (Actual quantity of inputs used − Standard quantity allowed for output) .

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