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1. Standard Price
- Price Variance + or - Actual Price / Actual Quantity
- Price Variance / Actual Price + or - Actual Quantity
- Revenue - Variable Cost / Fixed Cost
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Other questions in this quiz
2. Standard Quantity
- Price Variance / Actual Price + or - Actual Quantity
- (Price Variance / Standard Price) / Actual Units
- (Actual Units / Price Variance) / Standard Price
3. Efficiency Ratio
- Standard Hours for Actual / Actual Hours
- Budgeted Rate / Budgeted Hours
- Standard Rate / Actual Hours
4. Break Even
- Fixed Cost / Contribution per Unit
- Selling Price - Variable Cost
- Revenue - Fixed Cost
5. Contribution Per Unit
- Selling Price - Variable Costs
- Selling Price - Fixed Costs
- Fixed Costs - Variable Costs
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