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Displacement refers to transforming repressed motives or feelings into more socially acceptable forms.
Direct Labor Hour
A measure of the amount of time an employee spends producing goods or services, directly associated with the product's cost.
Normal Capacity
Represents the average production level expected over a specific period under normal operating conditions.
Fiscal Year
The annual accounting period adopted by a business.
Standard Costs
Estimated or predetermined costs of manufacturing a product or providing a service, used as benchmarks to measure actual performance.
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