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When Anna's manager sees her coming through the front door,he is greatly relieved.He knows that the tasks he has planned for the day will not need to be adjusted.Anna's work productivity and performance on the job are very good.Recently,her ability to get to work on time has affected her job performance.Anna's supervisor has documented a number of unrelated health issues that have prevented Anna from being to work on time.If Maslow were still alive,which of the following statements would he likely share with the supervisor?
Standard Costs
Predetermined or estimated costs used for budgeting and measuring performance, typically under ideal operating conditions.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the standard quantity expected to be used, based on budgeted or planned amounts.
Direct Labor-Hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating manufacturing overhead in cost accounting.
Variable Manufacturing Overhead
This refers to the expenses in manufacturing that vary in direct proportion to the volume of production, such as utilities and materials.
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