Question: This question refers to flexible - budget variance formulas with the following descriptions for the variables: A = Actual; B = Budgeted; P = Price;

This question refers to flexible - budget variance formulas with the following descriptions for the variables: A = Actual; B = Budgeted; P = Price; Q = Quantity. The best label for the formula [(AP)(AQ) - (BP)(BQ)] is the O A. spending variance O B. total flexible - budget variance O C. price variance O D. efficiency variance

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