Examlex
The sense organs' detection of external physical stimuli is called ________,whereas further processing,organizing,and interpreting of those stimuli in the brain is called ________.
Materials Quantity Variance
The variance arising from the actual amount of materials utilized in manufacturing compared to the anticipated standard quantity, times the standard expense for each unit.
Labor Efficiency Variance
The variance between the number of hours actually worked and the anticipated standard hours, times the normal rate per hour.
Labor Rate Variance
A metric used to measure the difference between the actual rate paid to workers and the expected (or standard) rate.
Direct Labor
The labor cost attributed directly to the production of goods or services.
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