A quantity variance measures actual deviations from the quantity of inputs that should have been used to achieve the actual output quantity.

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A quantity variance is a measure of the efficiency of input usage in relation to output quantity achieved. It compares the actual quantity of inputs used to produce a given output quantity to the standard or expected quantity of inputs that should have been used. A favorable quantity variance occurs when actual inputs used are less than expected, indicating efficient usage, while an unfavorable variance results when actual inputs exceed the standard, indicating inefficiencies or waste.

A Quantity Variance Measures Actual Deviations from the Quantity of Inputs