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The Aztec civilization developed in a lowland environment.
Material Quantity
The amount of raw materials or supplies used in the production of goods, often monitored to control costs and ensure efficient resource use.
Labour Rate Variance
The difference between the actual cost of direct labor and the expected (or standard) cost, based on the hours worked.
Favourable Variance
A financial term indicating that actual costs were lower than budgeted costs, or actual revenues were higher than expected.
Variances
The differences between planned financial outcomes and the actual results, used in budgeting and accounting to track performance and plan future activities.
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