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The double bar graph below shows the percents of associate degrees awarded to males and females for selected fields of study in the United States in 2003. Degrees awarded to females are graphed above degrees awarded to males. How many fields of study were less than 40% male?
Materials Price Variance
Materials price variance is the difference between the actual cost of materials used in production and the standard cost expected, it can indicate changes in market prices or purchasing efficiency.
Quantity Standard
A specific measure established to gauge the expected or optimal quantity of input required to produce a unit of output.
Price Standard
A pre-determined cost per unit of input or output, used for setting budgets and measuring performance.
Variable Overhead Efficiency Variance
Variable overhead efficiency variance is a metric used to measure the difference between the expected (standard) and actual use of variable overhead resources in production.
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