The materials quantity variance should be computed: - 17155

Solution Posted by
yousafbhutta

yousafbhutta

Rating : (28)C
Solution Detail
Price: $0.50
  • From: Business,
  • Posted on: Sun 05 May, 2013
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description


The materials quantity variance should be computed:
 
only when there is a difference between standard and actual cost per unit for the materials.
 
when materials are purchased.
 
based upon the amount of materials used in production.
 
based upon the difference between the actual and standard prices per unit times the actual quantity used.
                                       

Solution Description

 

 

The materials quantity variance should be computed: