Examlex
The biological activity of one of a set of enantiomers may be very different from the biological activity of the other optical isomers.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the standard variable overhead assigned to the production based on the actual activity levels.
Total Variable Overhead Spending Variance
The overall difference between actual and budgeted variable overhead costs based on the changes in the level of activity.
Variable Overhead
Costs that fluctuate with the level of production output, including indirect expenses like power and materials needed for maintenance and operations.
Direct Labor-hours
The total number of hours worked by employees directly involved in the production of goods or services.
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