Examlex
Match each item with the correct statement below.
-intrinsic angular momentum carried by subatomic particles quantized in units of h/2π
Direct Labor Time Variance
The difference between the actual time taken to perform work and the estimated standard time, adjusted for units produced.
Standard Costs
Predetermined costs to manufacture a product or deliver a service, used for budgeting and performance evaluation.
Direct Materials Price Variance
The difference between the actual cost of direct materials used in production and the expected (or standard) cost.
Actual Costs
The genuine expenses that are incurred in the production or acquisition of goods and services.
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