Examlex
Between 1973 and 2011, about one death row inmate had been released for every 9 that had been executed.
Actual Level
The real, observed state or amount of something, rather than estimated or predicted levels.
Variable Overhead Rate
The rate at which variable overhead costs fluctuate with changes in activity level or production volume, expressed per unit of activity.
Fixed Manufacturing Overhead
The consistent, static costs associated with manufacturing a product, such as rent for factory premises or salaries for permanent staff, which do not change with production volume.
Budget Variances
The difference between budgeted or planned financial activity and the actual financial performance, indicating over or underperformance against budget.
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