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Jobisdone [24]
2 years ago
15

The difference between the total actual cost incurred and the total standard cost is called the:

Business
1 answer:
nlexa [21]2 years ago
3 0

The variance is the  difference between the total actual cost incurred and the total standard cost.

<h3>What is variance in accounting?</h3>

In the field of accounting, the variance is simply referred to as the difference that exists between the forecasted amount and the actual amount.

Therefore from the definition that we have above the answer to this question is variance.

Read more on variance here: brainly.com/question/15858152

#SPJ1

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