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A hypertonic solution
Finished Product
A good that has completed the manufacturing process and is ready to be sold to customers.
Direct Labor Variance
The difference between the actual labor costs incurred and the standard or expected costs for the labor to produce a certain amount of goods.
Materials Quantity Variance
The variance between the real amount of materials utilized in manufacturing and the anticipated standard amount, times the standard unit cost.
Overhead Variance
The difference between the actual overhead costs incurred and the standard or expected overhead costs.
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