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Direct Labour Used
The total effort, measured in hours or costs, of workers directly involved in the manufacturing process of a product.
Variable Manuf. Overhead
Costs that vary with production volume, such as utilities and materials used in manufacturing.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, valued at standard cost.
Variable Manufacturing Overhead
Indirect manufacturing costs that vary with the production volume, such as utilities for machinery.
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