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Discuss the relationship between organizational citizenship behaviors (OCBs) and organizational productivity.
Variable Overhead Efficiency Variance
A metric that measures the difference between the actual and budgeted variable overhead costs based on the efficiency of production.
Materials Quantity Variance
The difference between the actual and the standard amount of materials used in production, valued at the standard cost.
Labor Rate Variance
The difference between the actual cost of labor and the budgeted or standard cost, often used in budgeting and cost management.
Variable Overhead Rate Variance
The difference between the actual variable overheads incurred and the expected variable overheads based on standard rates.
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