variance_analysis__material_usage_variance
Compute material usage variance to compare standard and actual material quantities at standard price, highlighting production efficiency.
Instructions
[variance-analysis] std_qty = standard quantity allowed for ACTUAL output. Positive = favorable.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| act_qty | Yes | ||
| std_qty | Yes | ||
| std_price | Yes |