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Dual-opponent color cells
Actual Output
The real quantity of goods or services produced by a company, as opposed to estimated or planned production levels.
Standard Cost System
An accounting system that uses predetermined costs for products or services to facilitate variance analysis and budgeting.
Direct Labour Hours
Total hours accumulated by workers directly involved in the fabrication process.
Direct Materials Inventory
The total cost of raw materials that are directly involved in the manufacturing of a product and are currently held in inventory.
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