Examlex
Each codon on a strand of messenger RNA
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the expected variable overhead based on standard cost accounting.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the expected variable overhead based on the predetermined rate.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a specific product and included in the direct costs of production.
Variable Overhead
Costs that vary with the level of production or business activity, such as utilities or indirect materials.
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