Examlex
In C++ polymorphism is very difficult to achieve unless you also use inheritance.
Variable Overhead Efficiency Variance
The difference between actual hours worked to produce an item and the standard hours expected, multiplied by the variable overhead rate.
FOH Volume Variance
The difference between the budgeted fixed overhead and the applied fixed overhead, which is attributed to the difference in actual and budgeted activity levels.
FOH Budget Variance
The difference between the actual and budgeted factory overhead costs over a certain period, indicating under or overspending.
Work in Process
Inventory that includes materials that have begun the production process but are not yet completed products.
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