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A plasma cell
Rate Variance
The difference between the actual rate and a predetermined or standard rate.
Direct Labor-Hours
The aggregate of direct labor hours required for manufacturing a good or rendering a service.
Variable Overhead
Indirect production costs that vary with the level of output, including supplies and utilities necessary for production but not directly tied to specific products.
Efficiency Variance
The difference between the actual amount of resources used in production and the amount that should have been used, reflecting efficiency in resource usage.
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