Material Quantity in Financial Formulas

Material Quantity is the difference between the actual quantity of materials and the standard quantity of materials based on the level of production achieved. And is denoted by MQ.

Formulas to find Material Quantity in Financial

fxMaterial QuantityGo

List of variables in Financial formulas

fx Standard Price Go

fx Standard Quantity Go

fx Actual Quantity Go

FAQ

What is the Material Quantity?

Material Quantity is the difference between the actual quantity of materials and the standard quantity of materials based on the level of production achieved.

Can the Material Quantity be negative?

{YesorNo}, the Material Quantity, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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