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Define and discuss the formation of the following: shore platform,barrier spit,bay barrier,lagoon,tombolo,barrier beach,barrier island.
Direct Labor-Hours
The cumulative hours put in by workers who are directly engaged in the manufacturing process.
Standard Labor Rate
The predetermined cost per hour for labor, used in budgeting and costing calculations.
Standard Machine-Hours
A predetermined amount of time that should be required to complete a task or produce a product on a machine, used for planning and efficiency analyses.
Variable Overhead Efficiency Variance
The difference between the actual hours taken to produce something and the standard hours expected, multiplied by the variable overhead rate per hour.
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