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All of the following are correct about food irradiation, except
Labour Hours
The total number of hours worked by employees during a specific period, often used to measure labor input in producing goods or services.
Variable Overhead Efficiency Variance
The difference between the actual variable overhead costs incurred and the expected (or standard) costs for the achieved level of production.
Fixed Overhead Volume Variance
The difference between the budgeted and applied fixed overhead costs, attributed to variations in production volume.
Denominator Activity
relates to the level of activity used to allocate fixed overhead costs to units produced, which can affect the unit cost of production.
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