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Unformatted text preview: PV = Price variance SP i = Standard price of one unit of input SQ i = Standard quantity of input to make one unit TAQ i = Total actual quantity of the input used TSQ i = Total standard quantity of inputs used (at flexible budget volumes)...
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This note was uploaded on 10/08/2011 for the course ACCT 101 taught by Professor Kang during the Spring '08 term at S.F. State.
- Spring '08
- Managerial Accounting