Examlex
Probably the most important role of a safety program is motivating managers,supervisors,and subordinates to be aware of safety considerations.
Standard Cost
An estimated or predetermined cost of performing an operation or producing a good, used in budgeting and variance analysis.
Gourmet Cupcakes
High-quality, often uniquely flavored cupcakes made with fine ingredients and intricate designs, catering to a niche market.
Direct Materials Price Variance
A measure used in management accounting to assess the difference between the actual cost of materials used in production and the expected (standard) cost.
Direct Materials Quantity Variance
A measure of the difference between the actual quantity of materials used in production and the expected quantity, based on standards.
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