Examlex
Match the following terms or phrases with the correct description or definition.
-Flaccid paralysis
Actual Costs
The real costs incurred in the production of goods or in the provision of services.
Direct Labor Variance
The discrepancy between the expected (budgeted) cost of direct labor and the actual cost incurred during a production period.
Direct Labor Time Variance
The difference between the estimated time to produce a good and the actual time taken, often used in cost accounting.
Actual Costs
Actual costs are the expenses that a company incurs for producing goods or services, including materials, labor, and overhead, as opposed to estimated or budgeted costs.
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