Question: The general model for calculating a quantity variance is: Multiple Choice Actual quantity of inputs used x (Actual price - Standard price) Actual price (Actual

The general model for calculating a quantity variance is: Multiple Choice Actual quantity of inputs used x (Actual price - Standard price) Actual price (Actual quantity of inputs used - Standard quantity allowed for output) (Actual quantity of inputs used > Actual price) - (Standard quantity allowed for output * Standard price). Standard price (Actual quantity of inputs used - Standard quantity allowed for output)

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