HomeManagementIf an actual input price is $70 and budgeted input price is $40, then price variance will be 1383. If an actual input price is $70 and budgeted input price is $40, then price variance will beBy Admin / September 23, 2025 A. $120 B. $50 C. $110 D. $30 ✅ The correct answer is option D. Price variance = Actual input price – Budgeted input price = $70 – $40 = $30.
1. Cost allocation base used by an operating manager is classified as Leave a Comment / Management, Management Accounting MCQs / By Admin
2. Which of the following is a key external factors that should be taken into account by a corporate strategy? Leave a Comment / Management, Strategic Management MCQs / By Admin