If an actual input price is $70 and budgeted input price is $40, then price variance will be
A. $120
B. $50
C. $110
D. $30
Answer: Option D
Solution(By Examveda Team)
Price variance = Actual input price - Budgeted input price= $70 - $40 = $30.
This Question Belongs to Management >> Management Accounting
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