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Cost Accounting MCQs – Certification Test 2

Price and Efficiency Variance MCQs (Question 2) – Learning App & e-Book Download

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MCQ 2: If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be:

  1. $15,000
  2. $13,000
  3. $11,000
  4. $9,000

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