The difference between actual quantity of input used and the standard quantity of input used results in a:A. Controllable variance B. Standard variance C. Budget variance D. Quantity variance

D. Quantity variance

Explanation:

As we know that

Materials quantity variance is

= Standard price × (Standard quantity - Actual quantity)

Also it is mentioned in the question that the actual quantity and the standard quantity difference between them is to be called as the quantity variance

Therefore the option D is correct

Hence, all the other options are wrong

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;