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Q: What is the variance allowed on adjustments for appraisals according to fannie Mae?
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What type of variance is excess usage?

Since actual usage of the direct material was greater than the standard allowed, the excess usage is called an unfavorable variance


An unfavorable material quantity variance indicates?

actual usage of materials exceeds the standard material allowed for output


How would you describe a variance?

A variance is a statistical measure that quantifies the spread or dispersion of data points in a dataset. It indicates how much each data point differs from the mean of the dataset. A higher variance value suggests a wider spread of data points, while a lower variance value indicates a more clustered data distribution.


What is schedule variance in schedule management?

Schedule variance (SV) - This is the deviation of the performed schedule from the planned schedule in terms of cost. No confusion is allowed here because you already know that the schedule can be translated to cost. SV is calculated as the difference between EV and PV, as shown in the formula here:SV = EV - PV


What is schedule variance in project management?

Schedule variance (SV) - This is the deviation of the performed schedule from the planned schedule in terms of cost. No confusion is allowed here because you already know that the schedule can be translated to cost. SV is calculated as the difference between EV and PV, as shown in the formula here:SV = EV - PV


Will the direct labor price variance always be unfavorable if more hours are worked than the standard hours allowed for the actual output attained?

No, Direct labor price variance is created due to difference in standard labor rate and actual labor rate for example standard labor rate per unit is 10 and actual labor rate is 11 then 1 per unit is unfavourable direct labor price variance.


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You are allowed 14 clubs according to the USGA


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No . No trailers at all are allowed on the taconic according to the NY state police


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according to Islam, No, it is not haram and is allowed.


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