The Correct Equation for a Master Budget Variance Is

Multiple Choice

The correct equation for a Master Budget Variance is

A) (Budgeted volume x Actual price) - (Actual volume x Budgeted price) .
B) (Budgeted volume x Actual price) + (Actual volume x Budgeted price) .
C) (Budgeted volume x Budgeted price) - (Actual volume x Actual price) .
D) (Budgeted volume x Budgeted price) + (Actual volume x Actual price) .