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When a method ends, all the method's local variables are destroyed.
Direct Materials Price Variance
The difference between the actual cost of direct materials and the expected standard cost, indicating how well a company controls its material costs.
Controllable Variance
Controllable Variance is the difference between actual spending and budgeted amounts that management could control or influence directly.
Variable Overhead
Costs that vary with production output, such as utilities or raw materials, but are not directly tied to a specific unit of production.
Operating Results
The financial outcomes achieved from a company's core business operations.
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