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Like his adoptive father Trajan, Hadrian focused his efforts as emperor on expanding Rome's boundaries through military campaigns.
Materials Price Variance
The difference between the actual cost of materials and the expected cost at standard prices.
Variable Overhead
Refers to the costs of production that fluctuate with the level of output, such as utilities and materials, that do not have a fixed price associated with production levels.
Direct Labor-hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating costs to products.
Variable Manufacturing Overhead
Costs that vary with production output levels, such as utilities for the production facility, which are not directly tied to specific units of production.
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