Question

The spending variance is Blank______.

Multiple choice question.

(AQ × AP) − (SQ × SP)


(AQ × AP) − (AQ × SP)


(AQ × SP) − (SQ × SP)

Answer 1

The correct formula for the spending variance is:

**(AQ × AP) − (AQ × SP)**

So the answer is:

**(AQ × AP) − (AQ × SP)** (Option B)