Standard price per unit: | |

Actual quantity used: | |

Standard quantity allowed: | |

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## How to use direct materials quantity variance calculator:

### Inputs to be provided:

**Standard price per unit:**

Standard price per unit is the standard price of a unit of direct materials that is determined at the time when direct materials price and quantity standards are set for a forthcoming period. Setting standards is a part of overall budgeting process.

**Actual quantity used:
**The units of direct materials actually used to manufacture a certain number of units of finished product.

**Standard quantity allowed:**

The number of units of direct materials allowed by standards to manufacture a certain number of units of finished products. For example, if you have produced 100 units of finished product and the standard quantity to manufacture a single unit of finished product is 2 units of direct materials then the standard quantity allowed would be 200 (100 × 2) units of direct materials.

### Outputs to be generated:

The direct materials quantity variance calculator uses the above three inputs and calculates the following two figures for you:

**Direct materials quantity variance in units:**

It is the difference between actual quantity used and standard quantity allowed – the variance of quantity only.

**Direct materials quantity variance in dollars:**

The quantity variance is multiplied by the standard price and translated into a favorable or unfavorable direct materials quantity variance in dollars.

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