Examlex
Nurse managers play an integral role in the adoption of the hospital's information system.There are three levels of competency in this leadership role.What functions can be observed in an initial-level nurse manager? (Select all that apply.)
Direct Material
Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.
Direct Labour
The workforce directly involved in the manufacturing of goods or provision of services, whose wages are directly associated with specific products or services.
Labour Rate Variance
The difference between the actual cost of labor and the budgeted cost, based on hours worked and the rates paid.
Standard Direct Labour Rate
refers to the pre-determined cost per hour for direct labor, used in budgeting and measuring labor cost efficiency.
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