If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:

a. controllable variance

b. price variance

c. quantity variance

d. rate variance

Question

Keenan Clarke

Business

25 July, 00:49

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:

a. controllable variance

b. price variance

c. quantity variance

d. rate variance

+3

Answers (1)

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Eifel · Answer 1

(C) Quantify variance

Explanation:

An quantify variance is the distinction between the real utilization of something and its normal use.

It tends to be a moderately self-assertive number, since it depends on an inferred gauge. Along these lines, an amount change for direct materials includes a pattern that is gotten from the bill of materials for an item,

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:a. controllable varianceb. price variancec. quantity varianced. rate variance

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:

a. controllable variance

b. price variance

c. quantity variance

d. rate variance