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For purposes of the calculation for the direct materials usage variance when the quantity of materials purchased and used are different, which quantity of materials
For purposes of the calculation for the direct materials usage variance when the quantity of materials purchased and used are different, which quantity of materials is relevant?
Actual quantity used | ||
The lower of the actual quantity used or actual quantity purchased | ||
The lower of the standard quantity allowed or actual quantity purchased | ||
Actual quantity purchased |
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