Examlex
An easement that is appurtenant usually passes to the new owner of the land.
Actual Variable Manuf. Overhead
The actual amount incurred in variable overhead costs during manufacturing, contrasting with the budgeted or standard costs.
Direct Materials
Materials in their basic form that are specifically identifiable with the manufacturing of certain products or services.
Total Variance
The overall difference between the budgeted or standard cost figures and the actual figures.
Variable Overhead
A redefinition of variable manufacturing overhead; variable overhead encompasses all variable expenses involved in the operation of a business that are not directly tied to a specific product unit.
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