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What is the total number of valence electrons in the chloroethylene molecule (C2H3Cl) ?
Labour Rate Variance
The difference between the actual cost of direct labor and the standard cost of direct labor multiplied by the actual hours worked.
Direct Labour
Rephrased: The workforce directly involved in manufacturing products or providing services, whose costs directly affect the cost of goods sold.
Variable Manuf. Overhead
Variable Manufacturing Overhead includes those manufacturing overhead costs that vary directly with the level of production, such as utilities for the production facility.
Actual Variable Manuf. Overhead
The actual amount incurred in variable overhead costs during manufacturing, contrasting with the budgeted or standard costs.
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