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Forms of nonverbal communication include blushing, perspiring, glancing, crying, and laughing.
Adjusted Cost of Goods Sold
The cost of goods sold metric that has been modified for adjustments such as stock variations, returns, or discrepancies.
Standard Cost Variances
The differences between the actual costs incurred and the standard costs previously set for materials, labor, and overhead in manufacturing.
Labor Efficiency Variance
The difference between the actual number of labor hours worked and the standard hours expected, multiplied by the standard labor rate.
Labor Rate Variance
The difference between the actual cost of labor and its expected cost based on standards or budgets.
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