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An older patient diagnosed with pneumonia does not understand why the health problem occurred since respiratory problems have never been experienced. How should the nurse respond to this patient? Select all that apply.
Labor Quantity Variance
The difference between the actual labor hours used and the standard hours planned, multiplied by the standard hourly labor rate.
Predetermined Manufacturing Overhead Rates
A rate used to allocate manufacturing overhead costs to products based on a standard cost, established in advance of production.
Total Controllable
Relates to the expenses or costs over which a manager or business has direct control.
Volume Overhead Variances
The differences between the expected fixed overhead costs and the actual fixed overhead allocated, based on the volume of production.
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