Examlex
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-___ ice skater
Standard Quantity
The predetermined amount of material or inputs expected to be used in the production of a product or service.
Standard Price
The predetermined cost of a single unit of input, such as materials or labor, used in standard costing practices.
Direct Labour
The labor costs for employees directly involved in the production of goods or services.
Actual Hours
The real number of hours worked, as opposed to the planned or standard hours set for a job or task.
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