Material Usage Variance

The variance generated by using a lesser or greater actual quantity of the standard material than specified in producing a given item (which is different than a substitution variance created by using items different than the ones on the standard bill of material ).


Material Usage Variance

The variance generated by using a lesser or greater actual quantity of the standard material than specified in producing a given item (which is different than a substitution variance created by using items different than the ones on the standard bill of material ).

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