Examlex
Compare the composition of muscle fibres at birth with the composition of muscle fibres into middle childhood for both sexes.
Volume Variance
The difference between the expected volume of production and the actual volume, which impacts the allocation of fixed costs in some costing systems.
Direct Labor Rate Variance
The difference between the actual costs of labor and the expected (or standard) costs, based on the hourly wage rates times the number of hours worked.
Direct Labor Time Variance
The difference between the actual hours worked by employees at the standard rate and the expected hours at the standard rate, for manufacturing a product.
Total Cost Variance
The difference between the budgeted or standard cost of production and the actual cost incurred.
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