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According to the textbook,the vigilance movement resulted in
Overhead Volume Variance
A measure used in cost accounting to analyze the difference between the budgeted and actual volume of activity, influencing the fixed manufacturing overhead.
Standard Hours
The set number of hours that are expected to be worked, often used in manufacturing to estimate labor costs.
Selling Prices
The amounts at which goods or services are sold to customers, determined by factors like cost, market demand, and competition.
Finished Goods
These are manufactured products that have completed the production process and are ready for sale.
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