Categories
Popular Categories
More Categories
Explore More

Looking for specific topics or want to browse all categories?
All Categories
Quizzes
Leaderboard

Register

Question #72070

If an actual price of material is $700 and the budgeted price is $900, then the ___________?

Options:

A) cost variance is favorable

B) cost variance is unfavorable

C) price variance is favorable

D) price variance is unfavorable

Answer: If an actual price of material is $700 and the budgeted price is $900, then the price variance is favorable.

Related Questions

Category

Browse More Accounting Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question