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.
The Spanish Empire conquered the region in the 16th century. Nicaragua gained independence from Spain in 1821. Since its independence, Nicaragua has undergone periods of political unrest, dictatorship, and fiscal crisisâthe most notable causes that led to the Nicaraguan Revolution of the 1960s and 1970s.nikaËÉ¾aÉ£wa]), officially the Republic of Nicaragua (Spanish: Republica repÃºblica De (nicaraguaÂ·help)), info is the largest country in The Central american. Isthmus the population Of nicaragua is slightly over 6. million