Examlex
An application might allow data to be entered with a ____.
Standard
A recognized level of quality or attainment that is used as a benchmark for comparison.
Materials Quantity Variance
The difference between the expected amount of materials needed for production and the actual amount used, affecting production costs.
Standard
Typically refers to an accepted level of quality or achievement that is used as a measure, norm, or model in comparative evaluations.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a specific product and are an integral part of the finished product.
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