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Management · Q177

Management Accounting

Graduate and Post Graduate · Management · question 177

Q177

If budgeted input price is 80 and price variance is 40, then an actual price will be

A.
$20
B.
$120
Answer
C.
$40
D.
$60

Answer: Option B

Solution

Answer: Option B
Solution:
Actual price = Budgeted input price + Price variance
= 40 = $120.
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