There are several rumors floating around saying that Asus is working on its own cheaper Jelly Bean tablet, but also that the Nexus 7 will get cheaper in the coming months. But it looks like Acer is also working on an affordable 7-inch Android tablet that will run Jelly Bean.

The device, apparently dubbed the Iconia B1-A71, has been already spotted with the FCC And made a pit stop at GLBenchmark as well. We have no idea yet when Acer will unveil it, but considering that CES 2013 is right around the corner we wouldn’t be surprised to spot it there.

Meanwhile, we can tell you that the 7-inch Iconia B1-A71 – hopefully that’s not going to be its final name – will feature a 1024 x 600 display, 1.2GHz dual-core processor, PowerVR SGX 531 GPU, Wi-Fi support and Android 4.1.2 Jelly Bean under the bonnet.

Pricing details are also missing in action for the time being, but we certainly expect the device to be more than affordable when it launches.