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What programming language supports relational databases?
Materials Price Variance
The difference between the actual cost of materials purchased and the expected cost, often used to monitor and control production costs.
Direct Labor-Hours
The total hours of labor directly involved in the production of goods or services, often used as a basis for allocating labor costs to products.
Variable Manufacturing Overhead
Indirect manufacturing costs that fluctuate with production volume, such as utilities and maintenance expenses.
Labor Efficiency Variance
The difference between the actual hours worked and the standard hours expected, multiplied by the standard labor rate.
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