Material Variance. Definition: Material variance has two definitions, one relating to direct materials and the other to the size of a variance. They are: 1  Related to materials. 2  This is the difference between the actual cost incurred for direct materials and the expected (or standard) cost of those materials.
Nicaragua Geography. Nicaragua, officially the Republic of Nicaragua, is a representative democratic republic and the largest nation in Central America. Nicaragua measures 129,474 square kilometers of which 20% are designated as protected areas. Nicaragua is approximately the size of the state of New York.
Geography. Honduras, in the north-central part of Central America, has a Caribbean as well as a Pacific coastline. Guatemala is to the west, El Salvador to the south, and Nicaragua to the east.The second-largest country in Central America, Honduras is slightly larger than Tennessee.Generally mountainous, the country is marked by fertile plateaus, river valleys, and narrow coastal plains.uatemala is to the west, El Salvador to the south, and Nicaragua to the east. The second-largest country in Central America, Honduras is slightly larger than Tennessee. Generally mountainous, the country is marked by fertile plateaus, river valleys, and narrow coastal plains.