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Vlad1618 [11]
3 years ago
6

the difference between the actual quanity and the standard quanity, multiplied by the standard price is the

Business
1 answer:
dalvyx [7]3 years ago
6 0

Answer: Direct materials quantity variance.

Explanation:

Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.

It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.

Causes of this can be low quality of materials and inadequate employee training.

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3 years ago
_____ systems are generally used by managers at lower levels of an organization. a. tactical support b. internal support c. bott
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Operations support systems are generally used by managers at lower levels of an organization. Therefore, the correct answer is option 'D'.

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