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The implied warranty of habitability does not apply to substantial physical defects that a landlord has had a reasonable time to repair.
Actual Costs
The real costs incurred in the production of goods or services, including all expenses such as materials, labor, and overhead.
Standard Costs
Predetermined costs for materials, labor, and overhead used to control actual operating costs and to measure cost variances.
Direct Labor Time Variance
The difference between the actual time spent on production and the standard time expected, multiplied by the direct labor rate.
Actual Costs
The real costs incurred in the production, acquisition, or other activities of a business, as opposed to estimated or budgeted costs.
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