Ask Question
BusinessBusiness
20 August, 15:04

The materials quantity variance is the difference between: a. (AQ) x (AP) and (AQ) x (SP). b. (AQ) x (AP) and (SQ) x (SP). c. (AQ) x (SP) and (SQ) x (SP). d. (AQ) x (SP) and (SQ) x (AP).

+5
Answers (1)
  1. 20 August, 15:15
    0
    c. (AQ) x (SP) and (SQ) x (SP).

    Explanation:

    The materials quantity variance is the difference between (AQ) x (SP) and (SQ) x (SP).

    The difference between the actual quantity at standard price and the standard cost (SQ x SP) is the direct materials quantity variance.

    A material quantity variance is the difference between the actual amount of materials used in the production process and the amount that was expected to be used. The measurement is employed to determine the efficiency of a production process in converting raw materials into finished goods.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The materials quantity variance is the difference between: a. (AQ) x (AP) and (AQ) x (SP). b. (AQ) x (AP) and (SQ) x (SP). c. (AQ) x (SP) ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A disadvantage of forming a partnership is that ownersa) can find it tougher to start and stop a business. b) can find it more difficult to get a bank loan. c) are only responsible for their own finances.
Answers (2)
pJimmy is a client of yours and he has some holdings in U. S. T-Bonds. Over the past year, he received $500 in interest from these bonds. His accountant has informed him that he is in the 28% tax bracket with all sources of income considered.
Answers (1)
Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of his four dimensions.
Answers (1)
In a mixed market economy, government regulations are intended to both consumers and producers
Answers (1)
What is one way in which bonds do not generate income for investors
Answers (1)
New Questions in Business
Check My Work (1 remaining) Motor Sports, Inc., sues A-Z Speed. Motor Sports alleges that A-Z breached (failed to perform) a contract that required A-Z to sell ten Jet Skis to Motor Sports.
Answers (1)
CableVision has been approached by the City of Mirada to run its cable operations in 2020. After negotiating with key parties, CableVision has made the following agreements:It will offer Mirada residents a basic set of 25 cable television stations
Answers (1)
Thomas Company has the following data for one of their recliners. This information is for the deluxe recliner model: Sales $200,000 Variable Costs 90,000 Contribution Margin 110,000 Fixed Costs 150,000 Operating Income (loss) $ (40,000) Assume that
Answers (1)
Why did they give nba youngboy 10 years?
Answers (2)
Entrepreneurs usually do NOT make good: A. general managers. B. marketing decisions. C. financial decisions. D. production schedules.
Answers (2)
Home » Business » The materials quantity variance is the difference between: a. (AQ) x (AP) and (AQ) x (SP). b. (AQ) x (AP) and (SQ) x (SP). c. (AQ) x (SP) and (SQ) x (SP). d. (AQ) x (SP) and (SQ) x (AP).
Sign Up Forgot Password?