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Author Question: Which of the following is the correct formula for the materials price variance? (Read 47 times)

RRMR

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on: Mar 6, 2021
Which of the following is the correct formula for the materials price variance?
◦ (Actual price of input - Budgeted price of input) x Budgeted quantity of input
◦ (Actual quantity of input used - Budgeted quantity of input allowed for actual output) x Budgeted price of input
◦ (Actual price of input - Budgeted price of input) x Actual quantity of input
◦ (Actual quantity of input used - Budgeted quantity of input allowed for actual output) x Actual price of input
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by RRMR on Mar 6, 2021

ktidd

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RRMR

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

irishcancer18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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