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In order to enter the citric acid cycle, pyruvate is first converted to
Variable Overhead Spending Variance
The difference between the actual variable overheads incurred and the expected variable overheads based on the standard cost for the actual production level.
Standard Variable Overhead Rate
The estimated cost per unit of the variable overheads that are expected to be incurred in the production process.
Actual Total Variable Overhead Cost
The real expense incurred for variable overheads, which fluctuates with changes in production volume.
Direct Labour Efficiency Variance
The difference between the standard labor hours for actual production and the actual labor hours worked, indicating labor efficiency.
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