Examlex
Which security tool would help prevent a zero-day attack?
Direct Material Quantity Variance
The difference between the expected and actual quantity of materials used in production, affecting the total manufacturing cost.
Direct Labour Rate Variance
The difference between the actual cost of direct labor and the standard cost, which shows how well labor costs are being managed.
Direct Labour Efficiency Variance
The difference between the expected amount of labor hours needed to produce a given level of output and the actual labor hours used.
Favourable Variances
Differences between actual costs and budgeted costs that result in a better-than-expected financial performance, often indicating cost savings or higher revenues.
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