Question: The total (budget) variance is given by the equation a. (AP AQ) - (SP SQ)P. b. (SP AQ) - (AP SQ)P.

The total (budget) variance is given by the equation
a. (AP × AQ) - (SP × SQ)P.
b. (SP × AQ) - (AP × SQ)P.
c. (SP × AQ) - (SP × SQ)P.
d. (AP × SP) - (AQ × SQ)P.
e. None of the above.

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