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A photo printer converts data from the computer into a beam of light that is focused on a photo-conductor drum, forming the images to be printed.
Actual Materials
The real quantity and cost of materials used in the production process, as opposed to estimated or standard materials.
Material Price Variance
The difference between the actual cost of direct materials used in production and the standard cost of those materials.
Standard Purchase Price
The predetermined cost of acquiring goods, set for budgeting and costing purposes.
Actual Purchase Price
Actual Purchase Price refers to the actual amount paid for goods or materials, including additional costs such as delivery charges and taxes.
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