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In Herzberg's model, potential job dissatisfiers are called hygiene factors.
Actual Cost
Actual cost is the true amount of money spent on producing a product, completing a project, or conducting an activity, including all direct and indirect expenses.
Direct Labor Rate Variance
The difference between the actual rate and the standard rate paid for direct labor multiplied by the actual direct labor hours used in producing a product.
Direct Labor
The wages paid to workers who are directly involved in the production of goods or services.
Direct Labor Rate Variance
The difference between the expected cost of direct labor per unit of production and the actual cost incurred.
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