Examlex
Which of the following was NOT a scientific discovery of the Han Dynasty?
Variable Overhead Efficiency Variance
The difference between the actual variable overhead costs incurred and the expected (or standard) costs, based on the efficient use of resources.
Standard Cost Variances
The difference between the actual costs incurred and the standard costs pre-established for manufacturing or production.
Cost Of Goods Sold
The direct expenditures involved in producing the products a company sells, namely labor and materials costs.
Adjusted Cost Of Goods Sold
The cost of goods sold after adjustments for changes in inventory levels, returned goods, and possibly other factors affecting the cost of sales.
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