Question

If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be

a.

$23,800

b.

$11,200

c.

$12,200

d.

$13,200

Posted under Cost Accounting

Answer: (b).$11,200

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Q. If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be

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