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Which one of the following variances shows the difference between the actual amounts paid for...

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Question

Accounting

Which one of the following variances shows the difference between the actual amounts paid for the goods sold and the budgeted cost amount for those goods?

Group of answer choices

The price variance (PV)

The cost variance (CV)

The rate variance (RV)

The volume variance (VV)

Answer & Explanation Solved by verified expert
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