Question: A quantity (usage, or efficiency) variance equals A. A flexible budget amount minus a static budget amount. B. Standard unit price times the difference between

A quantity (usage, or efficiency) variance equals

A.

A flexible budget amount minus a static budget amount.
B.

Standard unit price times the difference between actual inputs and standard inputs allowed for the actual activity level achieved.
C.

Actual operating income minus flexible budget operating income.
D.

Actual unit price minus budgeted unit price, times the actual units produced.

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