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dxpayne dxpayne
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6 years ago
An input-price variance is the difference between actual quantity of input used and the budgeted quantity of input that should have been used, multiplied by the budgeted price.
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Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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AllopaAllopa
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6 years ago
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dxpayne Author
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5 years ago
I see. Hmm...

Thanks for confirming, will mark this solved.
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