Examlex
The proportion of persons with positive test results who actually have a disease,interpreted as the probability that an individual with a positive test result has the disease,is the:
Direct Labor
The cost of employee wages that is directly associated with the manufacturing of products or the provision of services.
Unfavorable
A term used to describe a situation or outcome that is not advantageous, detrimental, or negatively impacts objectives.
Direct Labor Time Variance
The difference between the estimated time to produce a good or service and the actual time taken, multiplied by the hourly labor rate.
Direct Labor
This references the cost of labor that can be directly attributed to the manufacture or production of specific goods or services.
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