The difference between actual quantity of input used and the standard quantity of input used results in a:
A)Controllable variance.
B)Standard variance.
C)Budget variance.
D)Quantity variance.
E)Price variance.

Question

Quizplus · Accepted Answer

The difference between actual quantity of input used and the standard quantity of input used is called the quantity variance. This variance measures the difference between the actual input used to produce a unit of output and the standard input that should have been used.

The Difference Between Actual Quantity of Input Used and the Standard