The Materials Quantity Variance Is

question 69

Multiple Choice

The materials quantity variance is:

• A) $1,120 U.
• B) $1,120 F.
• C) $1,820 U.
• D) $1,820 F.

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Definitions:

Decimal Point

A symbol used to separate the integer part from the fractional part of a number in decimal notation.

Multiplication

An arithmetic operation that combines two numbers to produce a product.

Division

A mathematical operation where a number, the dividend, is divided by another number, the divisor, to result in a quotient and sometimes a remainder.

Round Off

The process of adjusting numbers to the nearest value with fewer digits, typically used to simplify calculations and results.