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Interpersonal communications is successful only if
Controllable Variance
The difference between the actual and expected or budgeted figures of costs and revenues that management can directly influence or control through their actions.
Direct Labor Hour
A measure of the labor directly spent on manufacturing a product, often used as a basis for allocating labor costs to products.
Direct Materials Price Variance
The difference between the actual cost of materials used in production and the expected (standard) cost.
Direct Materials
Raw materials that are consumed in the production process and can be directly traced to the end product.
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