Which of the following is the correct formula for measuring the efficiency variance?

A) Efficiency Variance = (Actual Quantity + Standard Quantity) - Standard Cost
B) Efficiency Variance = (Actual Quantity x Standard Quantity) / Standard Cost
C) Efficiency Variance = (Actual Quantity / Standard Quantity) x Standard Cost
D) Efficiency Variance = (Actual Quantity - Standard Quantity) x Standard Cost

D

Business

You might also like to view...

Affirmative action affronts the ideal of equality of opportunity by substituting equality of result.

a. true b. false

Business

Although it may be treacherous at times, ________ can be a valuable communications vehicle

A) face-to-face communications B) intranet communications C) town hall meetings D) the grapevine

Business