Cost Variances definition

Cost Variances are actual costs of manufacturing versus Standard Cost of Goods Manufactured and include direct materials variances (including material usage variances and purchase price variances), direct labor variances and overhead variances (including but not limited to volume variances, variable overhead spending variances and fixed overhead spending variances); and
Sample 1Sample 2
Cost Variances are actual costs of manufacturing versus Standard Cost of Goods Manufactured and include [***]; and
Sample 1Sample 2
Cost Variances means actual costs of Manufacturing versus Standard Cost of Goods Manufactures, including direct materials variances (including material usage variances and purchase price variances), direct labour variances, and indirect expenses and overhead variances (to the extent allocable to forecasted production of materials for use in or sale of such product recorded as an expense by such Party (or its Affiliate, licensee or sublicensee, as applicable)), which allocation is made in a manner consistent with customary practice (including volume variances, variable overhead spending variances and fixed overhead spending variances);
Sample 1Sample 2

Examples of Cost Variances in a sentence

  • FDS-IBR and FDS, except Seasonal and Daily Seasonal Services Surcharges:FDS-IBR and FDS,except Seasonal and Daily Seasonal Services Recoverable Cost Variances Demand Surcharge1 $/103m3/month Recoverable Cost Variances Demand Surcharge $/103m3/day Firm Rich Gas Credit:FDS and FDS-IBR, except Seasonal and Daily Seasonal Services The Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.

  • Firm Receipt Service, except Seasonal and Daily Seasonal Services Firm Receipt Service: Seasonal and Daily Seasonal Services Surcharges: Recoverable Cost Variances Demand Surcharge and Recoverable CostVariances Surcharge2 Pipeline Abandonment Surcharge The Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.

  • Firm Full Path Service, except Seasonal and Daily Seasonal Services Firm Full Path Service: Seasonal and Daily Seasonal Services Surcharges: Recoverable Cost Variances Demand Surcharge and Recoverable CostVariances Surcharge2 Pipeline Abandonment SurchargeThe Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.

  • Firm Full Path Service, except Seasonal and Daily Seasonal Services Firm Full Path Service: Seasonal and Daily Seasonal Services Surcharges: Recoverable Cost Variances Demand Surcharge and Recoverable Cost VariancesSurcharge2FFPS, except for Seasonal and DailySeasonal Services Pipeline Abandonment SurchargeThe Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.

  • Collection of Financial Statements of an Organization for two years and calculating GPR/NPR/Current Ratio/Liquidity Ratio/Debt-Equity Ratio.2. Identifying Fixed and Variable Cost components from the Financial Statements Collected.3. Calculation of Contribution / P/V Ratio /BEP based on the collected Financial Statements.4. Calculation of Material Cost Variances and Labour Cost Variances using imaginary figures.5. Preparation of Sales Budget for THREE divisions with imaginary figures.

  • FDS-IBR and FDS, except Seasonal Service Surcharges: FDS-IBR and FDS,except Seasonal ServiceRecoverable Cost Variances Demand Surcharge1 $/103m3/month Recoverable Cost Variances Demand Surcharge $/103m3/day Firm Rich Gas Credit: FDS and FDS-IBR, except Seasonal Service The Bid Floor for Seasonal Service will be posted on the Transporter's website.

  • Firm Receipt Service, except Seasonal Service Firm Receipt Service: Seasonal Service Surcharges:Recoverable Cost Variances Demand Surcharge and Recoverable CostVariances Surcharge2FRS, except for Seasonal ServiceFRS: Seasonal Service Pipeline AbandonmentSurcharge The Bid Floor for Seasonal Service will be posted on the Transporter's website.

  • The list of requested items for variance analysis will draw from any combination of the following points of variance: 2.5.3.2.1 Cost Variances (CV) (Current Period and Cumulative).

  • FDS-IBR and FDS, except Seasonal and Daily Seasonal Services Surcharges: FDS-IBR and FDS,except Seasonal and Daily Seasonal Services Recoverable Cost Variances Demand Surcharge1 $/103m3/month Recoverable Cost Variances Demand Surcharge $/103m3/day Firm Rich Gas Credit: FDS and FDS-IBR, except Seasonal and Daily Seasonal Services The Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.

  • Firm Receipt Service, except Seasonal and Daily Seasonal Services Firm Receipt Service: Seasonal and Daily Seasonal Services Surcharges: Recoverable Cost Variances Demand Surcharge and Recoverable Cost VariancesSurcharge2FRS, except for Seasonal and DailySeasonal Services Pipeline Abandonment Surcharge The Bid Floors for Seasonal Service and Daily Seasonal Service will be posted on the Transporter's website.


More Definitions of Cost Variances

Cost Variances means, with respect to each Project, with regard to particular construction phase or component of construction and start-up of such Project, the amount by which costs in respect of such construction phase or component is expected to exceed amounts allocated thereto in the MF Project Budget or the LTA Project Budget, as the case may be;
Sample 1
Cost Variances has the meaning set forth in the Financing Documents;
Sample 1
Cost Variances means, with regard to any particular construction phase or component of construction and start-up of the Project, the amount by which costs in respect of such construction phase or component is expected to exceed amounts allocated thereto in the Project Budget;
Sample 1

Related to Cost Variances

  • Permitted Variance has the meaning given in Section 6.15.

  • Maintenance and Operations Revenue or “M&O Revenue” means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • refurbishment means repairing of used electrical and electronic equipment as listed in Schedule I for extending its working life for its originally intended use and selling the same in the market or returning to owner;

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • Cost outlier means cases which have an extraordinarily high cost as established in 79.1(5)“f,” so as to be eligible for additional payments above and beyond the initial DRG payment.

  • Variance means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each and clearly allocate requested grant funding and match contributions to each.

  • System Revenues means all rates, rents, fees, charges,

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Construction Budget means the cost of acquisition, installation, testing, constructing and developing any Property as determined by the Construction Agent in its reasonable, good faith judgment.

  • Project area budget means a multiyear projection of annual or cumulative

  • Plans and Specifications means the plans, drawings and specifications reasonably necessary to properly assess and review proposed Work prior to issuance of any approval that may be required under this Agreement;

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Project Commissioning means the Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into grid, in line with the Commissioning procedures defined in the RfS/PPA.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Budgets has the meaning set forth in Section 2.12(b).

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Approved Budget means an annual budget-

  • Operating Guidelines means the guidelines for the creation and redemption of Units of a class as set out in the schedule to each Participation Agreement as amended from time to time by the Manager with the approval of the Trustee, and where applicable, with the approval of HKSCC and the Conversion Agent, and following consultation, to the extent reasonably practicable, with the relevant Participating Dealers subject always, in respect of the relevant Operating Guidelines for a Participating Dealer, any amendment being notified in writing by the Manager in advance to the relevant Participating Dealer. Unless otherwise specified, references to the Operating Guidelines shall be to the Operating Guidelines for the relevant Sub-Fund applicable at the time of the relevant Application.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Backlog means we have an executed order with a buyer but the settlement did not occur prior to report date.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.