Examlex
Eolian sediments refer to materials transported
Actual Overhead
Represents the real costs associated with manufacturing overhead, including expenses such as rent, utilities, and equipment maintenance incurred during production.
Overhead Costs
The indirect costs associated with running a business that cannot be linked to a specific product or service.
Direct Materials
Raw materials that can be directly traced to a finished product and are a part of the manufacturing process.
Price Variance
The difference between the actual cost of a good or service and its expected cost, often used in budgeting and financial analysis.
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