The algebraic equation for the direct materials quantity variance is A)Direct materials quantity variance = AQ_used x AP - SP B)Direct materials quantity variance = SQ_used x AP - SP C)Direct materials quantity variance = SP x AQ_used - SQ D)Direct materials quantity variance = AP x AQ_used - SQ

Question

Quizplus · Accepted Answer

The direct materials quantity variance is calculated as the difference between the standard price (SP) multiplied by the actual quantity used (AQ_used) and the standard quantity (SQ) allowed for the actual output.

The Algebraic Equation for the Direct Materials Quantity Variance Is