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Particulate matter in the air can result in
Materials Quantity Variance
The financial difference between the actual quantity of materials used in production and the standard expected quantity.
Favorable
A term used to describe outcomes or variances that are positive or beneficial to a business, such as lower costs or higher revenues than expected.
Unfavorable
A term used in budgeting and variance analysis indicating costs exceeded the budget or revenue fell short.
Variable Overhead Efficiency Variance
The difference between the expected variable overhead costs based on standard costing and the actual variable overhead incurred, attributable to efficiency.
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