Examlex
One proposal for the mysterious dark matter in the Galaxy is that it is made of massive compact halo objects (MACHOs).
Labor Rate Variance
The variance between the real hourly wage workers receive and the anticipated or usual wage rate, when multiplied by the total hours of work.
Labor Efficiency Variance
The variance between the real hours spent working and the anticipated standard hours, times the normal wage rate.
Standard Hours
The predetermined amount of time expected to complete a task or produce a unit of product under normal conditions.
Actual Output
The real quantity of goods or services produced by a company during a specific period.
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