Examlex
An OD practitioner would consider a client's attempt at manipulation as a critical warning signal.
Material Price Variance
The difference between the actual cost of materials purchased and the expected (or standard) cost, indicating how efficiently materials are being purchased.
Material Usage Variance
The difference between the actual amount of materials used in production and the standard amount expected, valued at the standard cost.
Quality Of Materials
The measure of suitability of the materials used in production, affecting the durability and functionality of the final product.
Labour Rate Variance
The difference between the actual cost of direct labor and the estimated cost based on the standard labor rate.
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