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Ventricular contraction
Direct Labor Rate Variance
The difference between the actual cost of direct labor and the expected (or standard) cost, multiplied by the actual hours worked.
Produced Units
The total quantity of items manufactured or completed in a given period by a production process.
Data Period
The specific timeframe during which data is collected for analysis or reporting purposes.
Direct Labor
The labor cost directly associated with the production of goods or services, such as wages paid to workers or employees.
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