Dictionary of Accounting Terms: standard quantity allowed
standard quantity allowed
amount of materials that should have been used to manufacture units of output during a period. It is obtained by multiplying actual units of production by the standard material quantity per unit. For example, a company actually produced 2000 units during the month of March. The standard material quantity required to produce one unit of output was 5 pounds. The standard quantity allowed for actual production is 2000 units x 5 pounds = 10,000 pounds.