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There are exceptions to the '__________' rule when circumstances indicate a threat of physical violence or reason to believe that evidence will be destroyed if advance notice is given.
Labor Rate Variance
The difference between the actual cost of labor and the budgeted or standard cost, indicating how well labor resources are managed.
Direct Labor-Hours
The cumulative hours put in by workers who are directly engaged in the manufacturing process.
Standard Labor Rate
The predetermined cost per hour for labor, used in budgeting and costing calculations.
Standard Machine-Hours
A predetermined amount of time that should be required to complete a task or produce a product on a machine, used for planning and efficiency analyses.
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