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The Incas believed the only proper person to approach the gods was
Direct Material
Raw materials that are directly traced and assigned to the production of a specific product.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit of material.
Kilos
A metric unit of mass equal to one thousand grams, commonly used for measuring weight in many countries.
Materials Price Variance
The difference between the actual cost of materials and the standard cost, multiplied by the quantity purchased.
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