Examlex
Which of the following is a characteristic of a centralized organization?
Unfavorable
A term used to describe outcomes or variances that are negative for a business, such as lower sales or higher costs than expected.
Favorable
A term denoting a financial result that is better than expected or budgeted.
Standard Cost Card
A standard cost card details the expected costs of materials, labor, and overhead associated with producing a product.
Direct Labor Hour
A measure of the amount of time spent by workers directly involved in the manufacturing process of producing goods.
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