Examlex
Thermohaline currents travel at greater speeds than wind-driven currents.
Power Cost
The expense associated with the consumption of electrical energy by a company's operations.
Efficiency Variances
These variances measure the difference between the actual input used to produce a good or service and the standard input expected to be used, showing how efficiently resources are utilized.
Rate Variances
Differences between actual rates paid for inputs and the standard expected rates, often analyzed in cost accounting for labor, materials, and overhead costs.
Variable Overhead
Costs that vary with production volume, such as utilities for a factory, which do not remain constant as production levels change.
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