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Which fiber is the smallest of the cell fibers?
Total Variable Overhead Variance
The difference between the actual variable overhead cost incurred and the expected variable overhead cost estimated in the budget.
Labour Efficiency Variance
This is a measure of the difference between the actual labor hours used in production and the standard labor hours expected to produce the same level of output.
Variable Manuf. Overhead
Indirect, variable costs incurred during the manufacturing process, excluding direct labor and direct materials.
Labour Efficiency Variance
The difference between the actual labor hours used and the standard labor hours expected, multiplied by the standard labor rate.
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