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Gestalt psychology argued that perception is
Labor Rate Variance
The difference between the actual cost of labor and the expected (or standard) cost, indicating efficiency or inefficiency in labor usage.
Direct Labor
Direct labor involves the work of employees that is directly attributable to the production of goods or provision of services, such as manufacturing labor costs.
Materials Price Variance
The deviation between the actual cost of direct materials and the standard cost, multiplied by the quantity purchased.
Variable Overhead Rate
The rate at which variable overhead costs are allocated to a unit of production, often based on direct labor hours or machine hours.
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