. When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a(n):
(Points : 5)
combined price and quantity variance
efficiency variance
price variance
quantity variance

When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a price variance.

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Asked 7/6/2013 10:43:35 PM

Updated 9/7/2014 3:29:21 AM

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When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a price variance.

Added 9/7/2014 3:29:21 AM

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Confirmed by jeifunk [9/7/2014 5:30:10 AM]

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