Examlex
Unstructured interviews provide a ________ predictor of on-the-job performance than aptitude tests and a ________ predictor of on-the-job performance than job knowledge tests.
Materials Price Variance
The difference between the actual cost of materials used in production and the expected (or standard) cost of materials.
Variable Manufacturing Overhead
Costs that vary in total in direct proportion to changes in the volume of production, such as indirect materials and utility costs directly tied to production.
Raw Materials
The basic materials from which a product is made, prior to any processing or manufacturing.
Price Variance
The difference between the actual price paid for something and its standard or expected price.
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