Examlex
Suppose that a fast-food restaurant wants the average line to be 4 customers and that 60 customers arrive each hour. How many minutes will the average customer be forced to wait in line?
Units
Units typically refer to the individual items or quantities of a product or service produced or sold by a business.
Activity Variance
The difference between what was planned in terms of activity levels or costs and what was actually achieved.
Administrative Expenses
Costs related to the general operation of a business, such as salaries of executive personnel and office supplies.
Client-Visits
The number of times clients come to a business location or are contacted for service purposes within a given time frame.
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