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Management · Q165

Management Accounting

Graduate and Post Graduate · Management · question 165

Q165

An efficiency variance is subtracted from actual input quantity to calculate

A.
actual quantity manufactured
B.
budgeted quantity manufactures
C.
budgeted quantity sold
D.
budgeted input quantity
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
An efficiency variance is subtracted from actual input quantity to calculate budgeted input quantity.