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 multiplied by the actual quantity used and the standard quantity allowed.

The Algebraic Equation for the Direct Materials Quantity Variance Is