Examlex
After 1883, workers could no longer be coerced into ______.
Direct Labour
The labor costs for employees directly involved in the production of goods or services.
Actual Hours
The real number of hours worked, as opposed to the planned or standard hours set for a job or task.
Materials Price Variance
The difference between the actual cost of materials purchased and the expected (or standard) cost, multiplied by the quantity of materials purchased.
Standard Quantity
The expected amount of materials or inputs required to produce a single unit of product under normal conditions.
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