Examlex
Ramesh has drawn a set of DFD's that are not properly balanced.This is probably a:
Standard Price
The predetermined cost of acquiring goods and services, often used in budgeting and cost control.
Direct Materials
Raw materials that can be directly traced to the production of a specific product, a component of the total manufacturing cost.
Variances
Differences between planned or expected financial outcomes and the actual results.
Standard Direct Materials
The budgeted cost for direct materials which are the raw materials that can be directly attributed to the production of goods, used for budgeting and performance evaluation.
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