Accountancy, asked by ajayrathuar6838, 1 year ago

What do you components of material cost variance?

Answers

Answered by PiyushSinghRajput1

Components of Materials Cost Variance. ... ... Material Quantity Variance Materialquantity variance ( CV M.Q ) is the cost variance that arises due to a change in actual quantities of consumed materials to perform the work in any activity ( i ) from the budgeted quantities.

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