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(Actual Quantity Used - Standard Quantity Allowed) X Standard Price

question 85

Short Answer

(Actual quantity used - standard quantity allowed) x standard price


Definitions:

Contractual Rights

Legal rights established through a contract, allowing parties to enforce agreed terms and conditions.

Personal Nature

Characteristics or aspects that are directly related to or revealing of an individual's private or personal identity.

Express Provision

A clear, direct stipulation or requirement stated within a contract or legal document.

Antiassignment Clause

An antiassignment clause is a provision in a contract that prohibits the transfer of rights or delegation of duties to another party without the consent of the original party.

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