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Price/rate variances focus on the differences between Oa actual and standard inputs multiplied by standard prices. Ob. actual and standard inputs multiplied by actual prices.

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Price/rate variances focus on the differences between Oa actual and standard inputs multiplied by standard prices. Ob. actual and standard inputs multiplied by actual prices. Oc. actual and standard unit prices of an input multiplied by the actual quantity of inputs, Od actual and standard unit prices of an input multipled by the budgeted quantity of input

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