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ACCT Abrevs

QuestionAnswer
AQ Actual quantity of input
AP Actual price per unit of input
SQ Standard quantity allowed for actual output
SP Standard price per unit of input
AH Actual hours
AR Actual hourly rate
SH Standard hours allowed for actual output
SR Standard hourly rate
MPV Materials price variance
MQV Materials quantity variance
LRV Labor rate variance
LEV Labor efficiency variance
VOH Variable manufacturing overhead
VMRV Variable manufacturing overhead rate variance
VMEV Variable manufacturing overhead efficiency variance
Created by: HoteboyMikyell
 

 



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