Question

While computing variances from standard costs, the difference between the actual and the standard prices multiplied by the actual quantity yields as​

Answer 1

Answer:

Combined price and quantity variance is the answer to the given question.

Step by step answer:

• The difference that makes the difference between the normal value of the goods purchased and the actual paid price of those items [(normal price - real value) X real value].
• Normal cost difference is the difference between the average cost and the actual cost. These variables are used to monitor the costs incurred by the business, with management taking action when there is a noticeable discrepancy. The degree to which these differences are calculated may be taken in a number of ways.

Answer 2

Answer:

The correct answer of this question is Computing variances from standard costs.

Explanation:

Given - Computing variances from standard costs.

To Find  - Write  the difference between the actual and the standard prices multiplied by the actual quantity yields.

Combined price and quantity variance is the actual and the standard prices multiplied by the actual quantity yields.

The discrepancy between the typical value of the acquired products and the actual paid price of those things.

The discrepancy between the average and actual costs is known as the normal cost difference. These variables are used to keep track of the company's expenses, with management taking action if there is a significant difference. The degree to which these disparities are computed can be interpreted in a variety of ways.

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