Construction Cost Material
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Average total cost - Average total cost is the cost of making all of the widgets divided by the number of widgets made. If one widget costs $10,000 for the machinery plus $600 for the workforce and material, and the second widget only costs $50 (for the material) but doesn't require extra machinery or workers, the average cost for those widgets would be $5,325, the total cost ($10,650) divided by the number of widgets (2).
Direct material price variance - In variance analysis (accounting) direct material price variance is the difference between the standard cost and the actual cost for the actual quantity of material used or purchased. It is one of the two components (the other is direct material usage variance) of direct material total variance.
Direct material total variance - In variance analysis (accounting) direct material total variance is the difference between the actual cost of actual number of units produced and its budgeted cost in terms of material. Direct material total variance can be divided into two components:
Low-Cost Housing in Pakistan - Private-sector Low Cost Housing in Pakistan was initially based on the concept of providing housing facilities to the general public, without making enormous profits. It was pioneered by Al Azam Limited Construction Company, a start-up construction company, that launched the "Low Cost Housing Society" in Karachi during the 1960s.
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