Direct Material Usage Variance

Direct Material Usage Variance

In variance analysis (accounting) direct material usage (efficiency, quantity) variance is the difference between the standard quantity of materials that should have been used for the number of units actually produced, and the actual quantity of materials used, valued at the standard cost per unit of material. It is one of the two components (the other is direct material price variance) of direct material total variance.

Read more about Direct Material Usage Variance:  Example

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Direct Material Usage Variance - Example
... Let us assume that standard direct material cost of widget is as follows 2 kg of unobtainium at € 60 per kg ( = € 120 per unit) ... Under those assumptions direct material usage variance can be calculated as 100 units should have used (× 2 kg) 200 kg but did use 212 kg Usage variance ...
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