Examveda
Examveda

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

A. -$110

B. -$50

C. $110

D. $50

Answer: Option C

Solution(By Examveda Team)

Actual price = Budgeted input price + Price variance
= $80 + $30 = $110.

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