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Workplace policies that use seniority-based systems for promotions and layoffs were found to be free of adverse impact discrimination.
Variable Manufacturing Overhead
Costs that vary with production output levels, such as utilities for the production facility, which are not directly tied to specific units of production.
Materials Price Variance
The difference between the actual cost of materials used in production and the expected (standard) cost of those materials.
Direct Labor-hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products or services.
Variable Overhead Rate Variance
The difference between the actual variable overhead cost incurred and the expected (standard) cost, based on the actual level of activity.
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