Examlex
A decrease in the price of electricity can best be explained by
Power Cost
The expense incurred by a company for the electricity used in its operations.
Automotive Engines
The specific units within vehicles that convert fuel into mechanical power, allowing the vehicle to move.
Materials Quantity Variance
The discrepancy between what was actually used in terms of material for production and what was anticipated, times the standard cost for each unit.
Direct Material
Primary materials used in the making of a product that can be directly traced to the finished good.
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