Examlex
Because applets execute in a browser, the JApplet class contains methods that are automatically called by the browser.
Direct Labor Rate Variance
The difference between the actual cost of direct labor used in production and the expected (or standard) cost, which can indicate efficiency in labor usage.
Actual Rate Per Hour
The true cost or payment rate for labor or services rendered, calculated on an hourly basis.
Standard Rate Per Hour
The predetermined cost or rate applied to labor or services per hour for budgeting and costing purposes.
Ideal Standards
Strictly defined benchmarks in cost accounting that assume perfect efficiency and effectiveness in operation.
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