If the budgeted input price is $80 and the price variance is $40, then – McqOptions

MCQOPTIONS

1.	If the budgeted input price is $80 and the price variance is $40, then an actual price will be
A.	$20
B.	$120
C.	$40
D.	$60
Answer» C. $40

Discussion

No Comment Found

Related MCQs

The sales budget variance is subtracted from flexible budget amount to calculate
The process of ensuring preventive measure to be done in all machines is classified as
If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be
If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be
The difference between actual quantity and budgeted quantity of cost allocation base is classified as
The first step in developing cost rate for budgeted variable overhead is to
An unfavorable volume-production variance is used to measure the amount of
If the flexible budget amount is $82000 and the actual result is $45000 then the flexible budget amount will be
The budget, which predicts the effect of given level of operations on a cash position is classified as
The measure which provides the feedback on manager's performance, considering individual aspects only is classified as