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Management · Q180

Management Accounting

Graduate and Post Graduate · Management · question 180

Q180

If price variance is 30 and budgeted input price is 80, then an actual price would be

A.
-$110
B.
-$50
C.
$110
Answer
D.
$50

Answer: Option C

Solution

Answer: Option C
Solution:
Actual price = Budgeted input price + Price variance
= 30 = $110.
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