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Which of the following is true regarding drug testing of public and private employees by employers?
Price Variance
The difference between the expected price and the actual price paid for an item.
Factory Overhead Volume Variance
The difference between the budgeted and actual overhead costs due to variations in the volume of production.
Direct Labor Rate Variance
The difference between the actual cost of direct labor and the expected (or standard) cost, based on the hours actually worked.
Time Variances
The difference between actual time taken to perform an activity and the standard time expected.
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