The difference between the actual amount of an input used and the amount that should have been used, stated in dollar terms using the standard price of the input, is called a(n) variance.
Question
The difference between the actual amount of an input used and the amount that should have been used, stated in dollar terms using the standard price of the input, is called a(n) variance.
Solution
La diferencia entre la cantidad real de un insumo utilizado y la cantidad que debería haberse utilizado, expresada en términos monetarios utilizando el precio estándar del insumo, se llama una variación.
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