Examlex
Which of the following characteristics is NOT part of the behavioral approach, Giving Voice to Values?
Direct Materials Price Variance
The difference between the actual price and the standard price of direct materials multiplied by the actual quantity of direct materials used in producing a product.
Units
In business and accounting, units refer to the individual pieces or quantities of a product or service.
Variable Factory Overhead
Refers to the indirect, variable costs that change with the level of production output, such as utilities for the manufacturing plant.
Controllable Variance
The difference between the actual variable overhead costs and the budgeted variable overhead for actual production.
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