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Actual Quantity in Financial Formulas
Actual Quantity refers to the real amount or volume of a specific item, material, product, or resource used, consumed, produced, or acquired within a certain timeframe. And is denoted by ACQ.
Financial formulas that make use of Actual Quantity
f
x
Material Cost Variance
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f
x
Material Price Variance
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f
x
Material Quantity
Go
f
x
Purchase Price Variance
Go
FAQ
What is the Actual Quantity?
Actual Quantity refers to the real amount or volume of a specific item, material, product, or resource used, consumed, produced, or acquired within a certain timeframe.
Can the Actual Quantity be negative?
{YesorNo}, the Actual Quantity, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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