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The correct chronological pathway of fertilization is
Product Costs
The total of direct materials, direct labor, and manufacturing overhead allotted to a product, representing the cost to produce goods.
Volume Variance
The difference between the budgeted fixed overhead at 100% of normal capacity and the standard fixed overhead for the actual production achieved during the period.
Normal Capacity
The average level of operational output that a company can sustain with its current resources, over a specific period and under normal conditions.
Nonmanufacturing Activities
Business operations and activities that do not involve the production of goods, such as sales, marketing, and service delivery.
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