Examlex
A Wi-Fi hotspot is basically a wireless local area network that provides access to guests using laptop computers or mobile devices.
Flexible Budget
A budget that adapts or changes based on the fluctuations in a business's activity or volume level.
Variable Overhead
Costs that fluctuate with production volume, such as utilities or materials used in production.
Direct Labour Hours
are the hours worked by employees directly involved in the production of goods and services.
Standard Quantity
The predetermined or estimated amount of materials or inputs needed to produce a single unit of output.
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