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The National Practitioner Data Bank contains information about:
Labour Rate Variance
The difference between the actual wage rate paid to workers and the expected (or standard) wage rate, multiplied by the actual hours worked.
Direct Labour Costs
Costs that can be directly attributed to the production of goods or services, such as wages for workers manufacturing a product.
Variable Overhead Spending Variance
The difference between the actual variable overhead costs incurred and the expected costs based on a predetermined standard.
Variable Manufacturing Overhead Cost Incurred
The variable expenses directly related to the manufacturing process, such as materials and labor, that change with production levels.
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