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An implicit cursor is automatically created in procedural SQL when the SQL statement returns only one value.
Raw Materials Price Variance
The difference between the actual cost of raw materials purchased and the standard or expected cost, reflecting variances in purchase prices.
Raw Materials Quantity Variance
The difference between the expected and actual quantity of raw materials used in production, affecting manufacturing costs.
Materials Price Variance
This is the difference between the actual cost of direct materials and the standard cost, multiplied by the quantity purchased.
October
The tenth month of the year in the Gregorian calendar, preceding November.
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