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In DNA sequencing, fragments to be analyzed are produced by
Labor Rate Variance
The difference between the actual labor costs incurred and the standard labor costs expected for the labor hours worked.
Standard Costs
The estimated costs associated with manufacturing, aimed at aiding budgeting and performance evaluation.
Direct Materials Purchases Variance
The difference between the actual costs of materials purchased and the expected (or standard) costs for the materials used.
Direct Materials
Direct materials are raw materials that are directly traceable to the manufacturing of a product. They are an essential component of the total manufacturing cost of a product.
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