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For any actual level of output, the difference between the input that was actually used and the input should have been used is a .
For any actual level of output, the difference between the input that was actually used and the input should have been used is a a purchase cost variance. b a rate variance. c an efficiency variance. d an effectiveness variance. e the variance rate. 
For any actual level of output, the difference between the input that was actually used and the input should have been
used is
a a purchase cost variance.
b a rate variance.
c an efficiency variance.
d an effectiveness variance.
e the variance rate.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
