Examlex
The problem with eddy current clutch circuits is that they lack a speed sensing device that automatically increases or decreases the DC excitation current when load is added or removed.
Journalize
The process of recording transactions in a company's journal, detailing the accounts affected and the amounts, as the first step in the accounting cycle.
Direct Labor Hours
The total hours worked by employees directly involved in the production process of goods or services.
Standard Unit Cost
The fixed cost calculated to produce one unit of a product, including labor, materials, and overhead.
Materials Price Variance
Refers to the difference between the actual cost of materials and the expected (or standard) cost.
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