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In general,the first step in conducting exploratory research should be
Direct Labor-Hours
Direct labor-hours are the total hours worked by employees directly involved in manufacturing a product or delivering a service.
Standard
A benchmark or a set level of performance or achievement that is established for a process or product.
Variable Overhead Efficiency Variance
The difference between the actual variable overhead incurred and the standard cost of variable overhead allocated, based on the efficiency of operations.
Supplies Cost
Supplies cost refers to the expense incurred in purchasing office or production supplies that are necessary for day-to-day operations.
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