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In the conflict process,what immediately follows conflict perceptions and emotions?
Standard Costs
Predetermined costs for materials, labor, and overhead used as a benchmark for evaluating actual production costs.
Factory Overhead Cost Variance
The difference between the actual factory overhead costs incurred and the expected (or budgeted) overhead costs based on standard cost accounting.
Flexible Factory Overhead Budget
A budget that adjusts overhead costs in response to changes in actual production or activity, allowing for more accurate costing.
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.
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