The correct equation for a Master Budget Variance is
A) (Budgeted volume x Actual price) - (Actual volume x Budgeted price).
B) (Budgeted volume x Actual price) + (Actual volume x Budgeted price).
C) (Budgeted volume x Budgeted price) - (Actual volume x Actual price).
D) (Budgeted volume x Budgeted price) + (Actual volume x Actual price).

Question

Quizplus · Accepted Answer

The correct equation for a Master Budget Variance is (Budgeted volume x Budgeted price) - (Actual volume x Actual price).

The Correct Equation for a Master Budget Variance Is