Examlex
Which of the following is not one of Reichel's three irreducible elements of law?
Variable Manufacturing Overhead
This refers to the expenses in manufacturing that vary in direct proportion to the volume of production, such as utilities and materials.
Standard Hours
The expected amount of time required to complete a task or produce a unit of product under normal conditions.
Variable Manufacturing Overhead
Expenses that vary with the level of production output, such as utilities and materials used in manufacturing.
Direct Labor-Hours
The overall hours logged by employees actively involved in the manufacture of a product or the rendering of a service.
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