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New England reformer Dorothea Dix is most notable for her efforts on behalf of
Materials Quantity Variance
Materials Quantity Variance is the difference between the expected amount of materials to produce a given output and the actual amount of materials used, highlighting efficiency in material usage.
Variable Overhead
Expenses that vary with production volume, such as utility costs in a factory.
Standard Costs
Predetermined or estimated costs for a product or service, used for budgeting purposes and as a benchmark for measuring performance.
Materials Price Variance
A measure of the difference between the actual cost of materials and the expected cost, based on the standard price.
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