What is the difference between the material usage variance and the manufacturing usage variance?

Question added by Momen Lotfi , GL Section Head , Pepsi Cola Egypt
Date Posted: 2016/12/30

Upvote (0) Views (2) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

What is the materials usage variance?
Top Answer: Direct Materials Usage Variance Under a standard costing ... See More

Answers (4)
What is the difference between normal usage variance and abnormal usage variance?
Top Answer: Normal usage variance is the variance expected during during process. Abnormal usage variance is the var ... See More

Answers (3)
Do you agree that "Usage Variance" is a synonym for "Efficiency Variance"?
Top Answer: I believe usage variance is at the Execution level and the Efficiency variance is the Deliverabl ... See More

Answers (1)
Are there any adverse consequences of a favourable "Efficiency / Usage Variance" ?
Top Answer: 1. A lowerskilled laborer doing a higherskilled task2. A higherskilled laborer doing a lowerskilled t ... See More

Answers (1)