The General Model for Calculating a Price Variance Is

Multiple Choice

The general model for calculating a price variance is:

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