Ask Question
BusinessBusiness
29 May, 13:05

An unfavorable materials quantity variance indicates that: Garrison 16e Rechecks 2017-08-17 Multiple Choice

actual usage of material exceeds the standard material allowed for output.

standard material allowed for output exceeds the actual usage of material.

actual material price exceeds standard price.

standard material price exceeds actual price.

+4
Answers (1)
  1. 29 May, 13:23
    0
    Actual usage of material exceeds the standard material allowed for output.

    Explanation:

    Material quantity variance occurs when the actual quantity used to achieved a given level of output is greater or less than the standard material allowed.

    It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price

    An unfavorable materials quantity occurs when the actual quantity used to achieved a given level of output is greater than the standard material allowed.

    It is might be an indication of wastage in the usage of materials or inefficiencies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An unfavorable materials quantity variance indicates that: Garrison 16e Rechecks 2017-08-17 Multiple Choice actual usage of material ...” 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
Homes, Inc. Kurt McKinney has just received a large inheritance and wants to have his "dream" home built. He knows exactly the architectural design he wants. He wants a particular Reflections home.
Answers (1)
When a corporation has both common stock and preferred stock outstanding: Multiple Choice A. preferred stockholders receive the same dividend per share as common stockholders. B.
Answers (1)
Compare and contrast the risks and goals of entrepreneurs and inventors.
Answers (1)
A dependable and appealing way for managers to try to boost their company's eps is to
Answers (1)
After the introductory period, all consumers who have this Platinum Card will
Answers (1)
New Questions in Business
What is the difference between capital gain and capital loss?
Answers (1)
g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.
Answers (1)
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Home » Business » An unfavorable materials quantity variance indicates that: Garrison 16e Rechecks 2017-08-17 Multiple Choice actual usage of material exceeds the standard material allowed for output.
Sign Up Forgot Password?