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#direct_material_total_variance

Direct material total variance

In variance analysis (accounting) direct material total variance is the difference between the actual cost of actual number of units produced and its budgeted cost in terms of material. Direct material total variance can be divided into two components:the direct material price variance, the direct material usage variance.

Fri 12th

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Direct material total variance Direct material usage variance Direct material price variance Direct materials cost Variance (accounting) Variance Allan variance Cost accounting Student's t-test Thermoelectric materials
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