The general model for calculating a price variance is: B standard price x (actual quantity of inputs - standard quantity atio o) actual price x (actual quantity of inputs - standard quantity allowed for outputy A) actual quantity of inputs x (actual price- standard price). actual price) - (standard quantity allowed for output at standard price) 26. The Fletcher Company uses standard costing. The following data are available for October: Actual quantity of direct materials used Standard price of direct materials Materials quantity variance 5,600 pounds $5.00 per pound $500 unfavorable The standard A. 5,000 pounds B. 5,700 pounds C. 5,600 pounds D. 5,500 pounds E. 100 pounds quantity of material allowed for October production is: 27. On a bank reconciliation, the amount of an unrecorded bank service charge should be: 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 recorded in the $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 $45 to the book's balance