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Kryder's law states that storage density on magnetic disks is increasing at an exponential rate.
Ending Balance
The final amount in an account at the end of a period, after all debits and credits have been accounted for.
FOH Volume Variance
A financial metric that measures the difference between the budgeted fixed overhead and the applied fixed overhead based on actual production volumes.
FOH Budget Variance
The difference between the budgeted factory overhead costs and the actual factory overhead incurred during a period.
Variable Manufacturing Overhead
Costs in manufacturing that vary with the level of production output, such as utilities or raw materials, excluding direct labor and materials.
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