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A network engineer is deploying a new PBX for a customer. Although all new phones will be IP-based, the office will still use a few POTS-based phones and a fax line. Which of the following will be needed to connect the fax line?
Labor Efficiency Variance
measures the difference between the actual labor hours used and the standard labor hours expected for the production achieved, indicating labor efficiency.
Labor Efficiency Variance
A measure of the difference between the actual number of labor hours used and the standard number of labor hours expected to produce a certain level of output.
Materials Quantity Variance
The financial difference between the actual quantity of materials used in production and the standard expected quantity.
Favorable
A term used to describe outcomes or variances that are positive or beneficial to a business, such as lower costs or higher revenues than expected.
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