Examveda
Examveda

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

A. $100

B. $20

C. $80

D. $60

Answer: Option C

Solution(By Examveda Team)

Actual price = Budgeted input price + Price variance
= $50 + $30 = $80.

This Question Belongs to Management >> Management Accounting

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