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convergence for .
Variable Manuf. Overhead
Indirect, variable costs incurred during the manufacturing process, excluding direct labor and direct materials.
Labour Efficiency Variance
The difference between the actual labor hours used and the standard labor hours expected, multiplied by the standard labor rate.
Direct Labour Used
The total effort, measured in hours or costs, of workers directly involved in the manufacturing process of a product.
Variable Manuf. Overhead
Costs that vary with production volume, such as utilities and materials used in manufacturing.
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