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Without black enfranchisement, Ulysses S. Grant would have had a minority of the popular vote in 1868.
Standard Quantity
The expected or predetermined amount of materials or input needed to produce a single unit of product, used for manufacturing budgeting and variance analysis.
Standard Price
A predetermined cost that companies use for budgeting and assessing the performance of actual costs.
Actual Materials Purchased
The total quantity and cost of raw materials bought during a period for the purpose of production.
Labour Rate Variance
The difference between the actual cost of labor and the standard or expected cost.
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