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 state capitals have been shown on the Nicaragua Map by white square boxes. The cities can be located on the Printable Map of Nicaragua by black dots. Some of these cities are Wiwli, Eio Grande, Potosi, Muy Muy, La Cruz Rio Grande, Nuevo Amanecer, El Sauce, Nueva Guinea and Punta Gorda.he state capitals have been shown on the Nicaragua Map by white square boxes. The cities can be located on the Printable Map of Nicaragua by black dots. Some of these cities are Wiwli, Eio Grande, Potosi, Muy Muy, La Cruz Rio Grande, Nuevo Amanecer, El Sauce, Nueva Guinea and Punta Gorda.