The quantity variance can be calculated by multiplying the expected input price by the difference between the _____.
A)standard inputs allowed and projected inputs allowed at actual output
B)quantity of inputs actually used and the quantity of inputs that should have been used for projected output
C)standard inputs allowed and projected inputs allowed for expected output
D)quantity of inputs actually used and the quantity of inputs that should have been used for actual output

Question

Quizplus · Accepted Answer

The quantity variance is the difference between the quantity of inputs actually used and the quantity of inputs that should have been used for actual output. Option D correctly identifies this calculation. Option A refers to the efficiency variance, while option C refers to the materials price variance. Option B does not use the expected input price in the calculation.

The Quantity Variance Can Be Calculated by Multiplying the Expected