Examlex
Which of the following can sometimes be referred to as "hot money"?
Direct Labor-hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating costs to products.
Variable Manufacturing Overhead
Costs that vary with production output levels, such as utilities for the production facility, which are not directly tied to specific units of production.
Materials Price Variance
The difference between the actual cost of materials used in production and the expected (standard) cost of those materials.
Direct Labor-hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products or services.
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