Examlex
What is one difference between the brains of males and females?
Material Variances
Material variances are differences between the actual costs of materials and the expected (or standard) costs.
Cost Variances
The difference between actual costs and standard or budgeted costs in business operations.
Standard Manufacturing Costs
The predetermined cost of manufacturing a single unit, including direct labor, direct materials, and manufacturing overhead, under normal conditions.
Sales Price Variance
The difference between the actual price at which goods are sold and the expected (or standard) selling price, affecting revenue.
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