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The patient is a 56-year-old man who has terminal cirrhosis and severe ascites.He is lethargic but is demonstrating signs of discomfort and respiratory distress.The physician has spoken with the patient's wife and has obtained consent to perform an abdominal paracentesis on the patient.After the physician leaves to prepare for the procedure,the wife asks the nurse whether the procedure is really necessary.The nurse should respond by saying this:
Labor Efficiency Variance
measures the difference between the actual labor hours used and the standard labor hours expected for the production achieved, indicating labor efficiency.
Labor Efficiency Variance
A measure of the difference between the actual number of labor hours used and the standard number of labor hours expected to produce a certain level of output.
Materials Quantity Variance
The financial difference between the actual quantity of materials used in production and the standard expected quantity.
Favorable
A term used to describe outcomes or variances that are positive or beneficial to a business, such as lower costs or higher revenues than expected.
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