Examlex
Owners of a corporation are called shareholders or stockholders.
Variable Manufacturing Overhead
Indirect production costs that fluctuate with the level of production output, such as utilities for the manufacturing plant.
Direct Labor-Hours
The total number of hours worked by employees directly involved in manufacturing goods or providing services.
Direct Materials Purchases Variance
A measure used in managerial accounting to compare the actual cost of direct materials to the expected cost.
Direct Labor-Hours
The cumulative hours put in by workers directly engaged in manufacturing products or delivering services.
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