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What is the activity variance for the variable manufacturing costs?
Intent Of The Parties
The actual and mutual intention of all parties involved in a contract or legal agreement, often used to interpret or enforce the agreement.
Reasonable Price
A price that is fair and equitable, determined by the market or assessed through the terms of a contract or situation.
Contract
A legally binding agreement between two or more parties, typically entailing a promise or set of promises enforceable by law.
Unconscionable Contract
An agreement that is so unfairly one-sided that it is considered oppressive or shocks the conscience of the court.
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