Examlex
When writing the name of a microorganism, which of the following rules applies to the genus?
Unfavorable
A term used to describe variances or differences that negatively impact profitability or efficiency, often indicating higher costs or lower revenue than expected.
Favorable
A term used in accounting and finance to describe situations where actual costs are less than budgeted or expected costs, or revenue is higher than anticipated.
Manufacturing Overhead Volume Variance
The difference between the budgeted volume of manufacturing overhead and the actual volume incurred, used for budgeting and cost control.
Overapplied
A situation in cost accounting where the allocated manufacturing overhead costs exceed the actual overhead expenses incurred.
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