Examlex
In which type of disorder is a person's speech likely to be so full of unrelated words and phrases that it could be characterized as a "word salad"?
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.
Variable Overhead Efficiency Variance
A measure in cost accounting showing the difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on the actual hours worked.
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