Examlex
__________ are government guarantees of equality for people in the United States regarding the courts, political participation, treatment by public officials, and access to benefits accorded to other citizens.
Materials Price Variance
The difference between the actual cost of materials and the expected (standard) cost.
Raw Material
The basic material from which a product is made, used in the initial stages of production.
Materials Price Variance
The difference between the actual cost of materials and the standard cost multiplied by the quantities purchased.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, based on the standard cost.
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