Standard Quantity Per Unit Definition
Standard Quantity Per Unit Definition:
The amount of materials that should be required to complete a single unit of product, including allowances for normal waste, spoilage, rejects, and similar inefficiencies.
Other Related Accounting Articles:
- Standard Hours Per Unit Definition
- Standard Quantity Allowed Definition
- Materials Quantity Variance Definition
- Standard Cost Per Unit Definition
- Sales Quantity Variance
- Standard Cost Card Definition
- Labor Efficiency Variance Definition
- Bill of materials Definition
- Standard Cost Method Definition
- Direct Material Price Variance
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