Examlex
A cat muzzle should be applied loosely to avoid breathing problems.
Direct Materials Purchased
The raw materials bought by a company that are directly used in the production of its goods.
Actual Variable Manuf. Overhead
The real costs incurred from indirect, variable production expenses, assessed after the production process is completed.
Variable Manufacturing Overhead
These are manufacturing overhead costs that vary with the level of production output, such as utilities or materials used in the manufacturing process.
Materials Price Variance
The difference between the actual cost of materials used in production and the expected cost based on standard prices.
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