Examlex
When they opt for web delivery, mobile app developers are required to create a different version of their app for each different mobile device.
Standard Quantity
The preset amount of materials or inputs theoretically required to produce a single unit of product under normal operating conditions.
Materials Price Variance
The difference between the actual cost of materials used in production and the standard cost of those materials.
Direct Materials
Raw materials that are directly traceable to the finished product and constitute a significant part of its costs.
Variable Overhead Spending Variance
The difference between actual variable overhead costs incurred and the expected (standard) costs based on the actual level of production activity.
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