Examlex
Two concepts presented in the textbook that tend to increase conflict between groups are __________________ and _____________.
Quantity Standard
A predetermined benchmark of the amount of input that should be used in the production of goods or services.
Quantity Variance
The difference between the actual quantity of material used in production and the standard quantity expected to be used.
Direct Materials
Raw materials that can be directly associated with the production of a product and are an integral part of the finished product.
Actual Quantity
The real amount of goods or materials used in production, as opposed to the estimated or budgeted amount.
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