Calculate the Total Direct Materials cost variance using the above information:
Definitions:
Reduced Wait Times
A healthcare goal or objective aimed at decreasing the amount of time patients wait for services, enhancing patient satisfaction and access to care.
Nurse Practitioners
Advanced practice registered nurses who provide health care services including diagnosis and treatment of health conditions.
Federal Cost Sharing
A financial arrangement where costs of a specific program or project are divided between the federal government and state or local governments, or other entities.
Canada Health Act
A piece of Canadian federal legislation that sets conditions and criteria provinces and territories must meet to receive federal cash contributions for health care.
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