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Cost Accounting MCQs – Certification Test 694

Price and Efficiency Variance MCQs (Question 694) – Learning App & e-Book Download

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MCQ 694: If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be:

  1. $4,000
  2. $6,000
  3. $8,000
  4. $10,000

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