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____ is the default entry for each field in the Total row of the query design grid.
Fixed Overhead Budget Variance
The difference between the budgeted fixed overhead costs and the actual fixed overhead costs incurred.
Standard Costing System
An accounting system that uses standard costs for cost control and decision-making purposes.
Direct Labour Hours
The number of hours worked by employees who are directly involved in the production of goods or services.
Standard Costing Systems
A cost accounting system that estimates the cost of products or services by assigning expected costs for materials, labor, and overhead to the actual production volumes.
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