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Revised Standard Quantity in Financial Formulas
Revised Standard Quantity refers to an updated or adjusted predetermined amount of materials that should be used for a specific level of production or output. And is denoted by RSTQ.
Formulas to find Revised Standard Quantity in Financial
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Revised Standard Quantity
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List of variables in Financial formulas
f
x
Standard Quantity of each Material
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f
x
Total Standard Quantity
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f
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Total Actual Quantity
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FAQ
What is the Revised Standard Quantity?
Revised Standard Quantity refers to an updated or adjusted predetermined amount of materials that should be used for a specific level of production or output.
Can the Revised Standard Quantity be negative?
{YesorNo}, the Revised Standard Quantity, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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