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In the late 19th century, the enactment of civil commitment laws resulted in
Actual Costs
This refers to the genuine expenses incurred during the production or execution of a project, as opposed to estimated costs or budgeted amounts.
Unit Price
The cost assigned to a single unit of a product or service, facilitating price comparisons across different quantities.
Direct Labor Variance
The difference between the actual labor costs incurred and the standard labor costs expected for the actual production level, reflecting efficiency and cost control in production.
Per-unit Standards
Predetermined costs to produce a single unit of product, used in budgeting and cost control.
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