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Cost variance analysis is______. the standard input price times standard quantity of input allowed for actual good output an analysis of the causes and differences

Cost variance analysis is______. 


the standard input price times standard quantity of input allowed for actual good output 


an analysis of the causes and differences between budgeted profits and actual profits earned 


a form providing standard quantities of inputs used to produce a unit of output and the standard prices for the inputs 


a comparison of actual input amounts and prices with standard input amounts and prices

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