variances and material balance?

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variances and material balance?

is it the same between the different quntity from material balance and the variances ?

2006-11-27 23:40:13 · 3 answers · asked by Irene C 1 in Science & Mathematics ➔ Other - Science

3 answers

Well

2006-12-01 16:22:44 · answer #1 · answered by gone 7 · 0⤊ 0⤋

A material balance is performed to account for all input, outlet, generation and consumption for a process. The variance of a process is the normal fluctuations that occur within that process.

2006-11-29 16:48:04 · answer #2 · answered by aaron_189 2 · 0⤊ 0⤋

Budgeted production 26,000 units Actual production 27,500 units Labor: Standard hourly labor rate $22/hour Standard hours allowed per completed unit 6.6 Actual labor hours worked 183,000 Actual total labor costs $4,020,000

2016-05-22 21:56:16 · answer #3 · answered by Caitlin 4 · 0⤊ 0⤋