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Find the actual cost of a product inputs

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Reference no: EM132637602

Problem 1: The name given to the difference between the actual cost of a product's inputs and the standard cost of one of the product's inputs is known as a ______________?

Group of answer choices

Option 1: Over-applied Amount

Option 2: Variance Amount

Option 3: Under-applied Amount

Option 4: Contra Amount

Reference no: EM132637602

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