Examlex
The linguistic approach to speech handles processes elements such as intensity, pitch and jitter from speech recorded on audio.
Standard Costing System
A cost accounting system that uses standard costs for materials, labor, and overhead to control actual costs and measure performance.
Fixed Overhead Volume Variance
The difference between the budgeted and actual volume of production, multiplied by the fixed overhead rate, indicating inefficiencies in utilizing production capacities.
Direct Labour Hours
A measure of the amount of time workers spend directly manufacturing a product, which is often used to allocate manufacturing overhead in product costing.
Standard Costing System
An accounting method that uses estimated costs for planning and decision-making purposes.
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