Examlex
Assuming a pupil diameter of 3 mm,what is the angular resolution of the human eye for light at the middle of the visible spectrum (550 nm) ?
Variable Manufacturing Overhead
The portion of manufacturing overhead costs that varies with production volume.
Variable Overhead Efficiency Variance
Variable overhead efficiency variance is the difference between the actual and budgeted variable overhead cost based on the efficient utilization of resources.
Direct Labor-hours
The amount of labor hours that can be directly attributed to the production process, serving as a basis for allocating manufacturing overhead costs in some costing systems.
Variable Manufacturing Overhead Standards
Pre-set rates used to allocate variable overhead costs to individual units of production based on expected usage criteria, such as labor hours.
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