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.
Mountain Ranges of Nicaragua. Many visitors to this picturesque country enjoy the many striking mountains which can be found here. A great place to enjoy wildlife, coffee and incredible bird-watching opportunities, Nicaraguaâs mountains certainly have a lot to offer.Nicaragua has more than one mountain range â some reaching to an elevation of over 3281 feet above sea level.t is also one of the best areas to visit coffee plantations or to go bird watching. The majority of hiking trails in the country can be found in this part of Nicaragua. The mountain ranges of Nicaragua feature incredible biodiversity.