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Travel Expenses
Costs associated with traveling for the purpose of conducting business-related activities, including transportation, lodging, and meals.
Spending Variance
The difference between the actual amount spent and the budgeted or standard amount expected to be spent.
Power Cost
The expense associated with the consumption of electrical power used in the operations of a business or manufacturing process.
Materials Quantity Variance
The difference between the actual amount of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit.
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