Examlex
Between 1984 and 1989, the S&P 500 index more than ________: and between 1994 and 2000 it ________.
Direct Labor-hours
The total time that production workers spend working on products or production processes, used as a base for applying manufacturing overhead.
Variable Overhead Efficiency Variance
The difference between the actual variable overhead incurred and the standard cost of variable overhead expected for the actual production level.
Variable Manufacturing Overhead
Costs of manufacturing that vary with the level of production output, such as utilities and some wages.
Materials Price Variance
The variance between the real expense of materials and their anticipated (or standard) cost.
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