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Direct Labor Costs
The wages and benefits paid to employees who are directly involved in the production of goods or services.
Variable Overhead Efficiency Variance
The difference between the actual variable overhead and the standard cost of variable overhead allocated for the actual production.
Supplies Cost
The cost associated with materials and items used in the operation or maintenance of a business or facility.
Machine-Hours
A measure of the amount of time a machine is operated, used for allocating machine operation costs to products or units produced.
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