s. The general model for calculating a price variancee A) actual quantity of inputs x (actual price-st B) standard price x (actual quantity inputs standard price), antity of inof inputs standard quantity allowed for output) price) - (standard quantity allowed for output at standard pr yf inputs standard quantity allowed for output) er Company uses standard costing. The following data are available for October Actual quantity of direct materials used Standard price of direct materials 5,600 pounds Materials quantity variance $5.00 per pound $500 unfavorable The standard quantity of material allowed for October production is: A. 5,000 pounds B. 5,700 pounds C. 5,600 pounds D. 5,500 pounds E. 100 pounds 27. On a bank reconciliation, the amount of an unrecorded bank service charge should A) Added to the book balance of cash. B) Deducted from the book balance of cash. C) Added to the bank balance of cash. D) Deducted from the bank balance of cash. E) Noted in memorandum form only. 28. If a check correctly written and paid by the bank for $749 is incorrectly recor $794, how should this error be treated on the bank reconciliation? A) Subtract $45 from the bank's balance. B) Add $45 to the bank's balance. C) Subtract $45 from the book balance. D) Add $45 to the book balance. E) Subtract $45 from the bank's balance and add S45 to the book's balance