Examlex
What is the name of this compound?
Direct Labor-hours
The amount of labor time spent by workers directly involved in the manufacturing process, restated as "The quantity of labor time directly utilized in producing goods."
Variable Overhead Efficiency Variance
The difference between the actual variable overhead based on the standard cost and the variable overhead applied to production based on actual activity levels.
Direct Labor-hours
The total hours of labor directly involved in the production of goods or services.
Variable Manufacturing Overhead
comprises manufacturing costs that vary directly with the level of production, such as materials and labor.
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