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Variable Manufacturing Overhead
Costs in manufacturing that vary with the level of production output, such as materials and labor directly involved in production.
Direct Labor-hours
The total hours worked by employees directly involved in the manufacturing process or producing a service, often used as a basis for allocating overhead costs.
Direct Materials
Raw materials that can be directly associated with the production of specific goods or services.
Standard Cost Card
A document that lists the expected costs of materials, labor, and overhead associated with producing a particular product or performing a service.
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