If an actual price of material is $700 and the budgeted price is $900, then the Options: A . &nbspcost variance is favorable B . &nbspcost variance is unfavorable C . &nbspprice variance is favorable D . &nbspprice variance is unfavorable

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

Question

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: Option C
Answer: (c).price variance is favorable

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Question 9. The difference between the flexible budget amount and the corresponding actual result is called....

Question 10. The flexible budget amount is $57000 and flexible budget variance is $14000, then actual result amount will be....

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