From course:
(Practice similar questions for free)
C250 Cost and Managerial Accounting
» Start this Course(Practice similar questions for free)
Question:
Materials quantity variance
Author: Christine HenningAnswer:
The difference between the actual quantity of materials used in production and the standard quantity allowed for the actual output, multiplied by the standard price per unit of materials.
0 / 5 Â (0 ratings)
1 answer(s) in total