A price variance compares the actual cost incurred for the input (DM, DL, or variable-MOH) to the standard cost allowed for the standard input quantity. actual cost incurred for the input (DM, DL, or variable-MOH) to the standard cost allowed for the actual input quantity. actual quantity used of each input (DM, DL, or variable MOH ) to the standard quantity allowed for each input, at its actual cost. actual quantity used of each input (DM, DL, or variable-MOH) to the standard quantity allowed for each input. at its standard cost