Which of the following is the correct formula for measuring a cost variance?
A) Cost Variance = (Actual Cost + Standard Cost) / Actual Quantity
B) Cost Variance = (Actual Cost - Standard Cost) x Actual Quantity
C) Cost Variance = (Actual Cost + Standard Cost) + Actual Quantity
D) Cost Variance = (Actual Cost - Standard Cost) - Actual Quantity
B
Business
You might also like to view...
After clicking the Plus icon, the Vendors column is used to select
A. Bill B. Pay Bills C. Vendor Credit D. Any of the above
Business
Under the laws of some states, all partners may limit their liability for the debts of the partnership
a. True b. False Indicate whether the statement is true or false
Business