Actual price of material is less than budgeted price, this means that

1.	Actual price of material is less than budgeted price, this means that
A.	price variance is favourable
B.	price variance is unfavourable
C.	cost variance is favourable
D.	cost variance is unfavourable
Answer» B. price variance is unfavourable

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Actual price of material is less than budgeted price, this means that

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