may be material price is higher than the stander ed price
Material usage variance can be caused due to waste. Quality issues, such as defects, can result in material usage variance.
actual usage of materials exceeds the standard material allowed for output
True
The cause of one (adverse) variance may be wholly or partly explained by the cause of another (favourable) variance.Material price or material usage and labour efficiencyLabour rate and material usageSales price and sales volume
Audited
Material usage variance can be caused due to waste. Quality issues, such as defects, can result in material usage variance.
Since actual usage of the direct material was greater than the standard allowed, the excess usage is called an unfavorable variance
actual usage of materials exceeds the standard material allowed for output
The material cost variance denoting the difference between the standard cost of materials and actual cost of matrials. The material cost variance is between the standard material cost for actual production in units and actual cost. The total cost is usually determined by two differenct factors of influence viz quantity of materials utilized/ required and price of the materials. The fluctuations in the material cost are only due to the fluctuations in the utility of materials due to many factors. Material cost variance can be computed into two different ways: DIRECT METHOD AND INDIRECT METHOD material cost variance= Standard cost of materials for actual output- actual cost of raw materials. MCV=(S Q AO X SP)-(AQ X AP) Indirect Method: material cost variance= Material price variance (MPV)+Material usage Variance
True
The cause of one (adverse) variance may be wholly or partly explained by the cause of another (favourable) variance.Material price or material usage and labour efficiencyLabour rate and material usageSales price and sales volume
industrial
Nitrogen usage. Replenish with legumes.
obesity, alcohol usage, prednisone
production material usage material purcahse labour per over head expenses sales capital
The acronym CDG has some variance depending on the location. However, the most common usage of this acronym is the airport code for the Charles de Gaulle airport in Paris, France.
Yes. Example: extreme heat causes mirages.