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Management · Q142

Management Accounting

Graduate and Post Graduate · Management · question 142

Q142

If budgeted input price is 50, price variance is 30 then an actual price will be

A.
$100
B.
$20
C.
$80
Answer
D.
$60

Answer: Option C

Solution

Answer: Option C
Solution:
Actual price = Budgeted input price + Price variance
= 30 = $80.