Asked by Ivanna Garcia on Jul 14, 2024
Verified
What is the materials quantity variance for the month?
A) $1,260 U.
B) $1,309 U.
C) $11,220 U.
D) $10,800 U.
Materials Quantity Variance
The difference between the expected and actual quantity of materials used in production, impacting materials cost.
Standard Quantity
This represents the expected amount of materials or inputs needed to produce a unit of product under normal conditions.
Actual Output
Actual output is the factual quantity of goods or services produced within a specified time frame, representing productivity.
- Compute and appraise differences in material expenses, particularly regarding price and quantity.
Verified Answer
Learning Objectives
- Compute and appraise differences in material expenses, particularly regarding price and quantity.
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