Examlex
The proper motion of a star or other object is measured by
Variable Manufacturing Overhead
Costs in the manufacturing process that vary with the level of production output, such as utilities or indirect materials, but do not directly correlate to specific units of production.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the standard cost allocated, based on the actual activity level.
Variable Overhead Standards
The predetermined costs associated with variable overheads that are expected to be incurred under normal operating conditions.
Direct Labor-hours
The total hours worked directly on manufacturing a product or providing a service, used as a basis for allocating labor costs in product costing.
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