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Standard Quantity
The expected amount of materials or inputs required to produce a unit of product under normal operating conditions.
Direct Materials Quantity Variance
The variance between the real amount of direct materials consumed during manufacturing and the anticipated standard amount.
Standard Materials Quantity
The expected amount of materials that should be used for the production of a certain number of units, as set by a company's standards.
Board Feet
A unit of measure for the volume of lumber, equivalent to a piece of wood one foot long, one foot wide, and one inch thick.
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