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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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