Examlex
The extent to which the contributions made by an individual match the inducements offered by the organization is referred to as
Machine-Hours
A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs to products.
Machine-Hours
A measure of production time using machines, typically used as a basis for allocating manufacturing overhead to products.
Denominator Level
In cost accounting, refers to the total quantity or capacity used to allocate fixed costs to different cost objects.
Budget Variance
The difference between what was budgeted for a period and what was actually spent or received.
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