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A(n) ____________________ list provides a convenient method for maintaining a constantly changing list, without needing to reorder and restructure the entire list.
Cost Variance
The difference between the expected cost of a project or production and the actual cost.
Price Variance
The difference between the actual price paid for something and its standard or expected cost.
Quantity Variance
The difference between expected and actual quantities used in production, affecting cost and efficiency.
Fixed Factory Overhead Volume Variance
The difference between the budgeted and actual fixed overhead incurred due to variance in production volume.
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