Direct Labor Cost Variance The difference between the actual direct labor cost and the standard direct labor cost for the actual output or quantity. The difference of direct labor cost can be divided into two types: wage rate difference and efficiency difference. (1) wage rate variance The diffe...
Correct answer: Option a. direct labor. Explanation: The sum of the direct materials and direct labor is called prime cost and the sum of the...
(Physiology) an orange-yellow pigment in the bile formed as a breakdown product of haemoglobin. Excess amounts in the blood produce the yellow appearance associated with jaundice. Formula: C32H36O6N4 [C19: from bile1+ Latinruberred + -in] ...
Above 4 kph the energy cost rose rapidly to about 2·1 l./min at 5·5 kph. The energy cost of walking per horizontal unit was increased by soft wet surfaces and was also related to the wind velocity. Much of the outdoor work around base (Table 4) is typical manual labour. Filling...
First, we need to adjust the formula relating growth rate to catabolic substrate. It was assumed [38] that energy source uptake rate, qe (the closest analog to enzyme activity) obeys the Michaelis–Menten kinetics; then, it follows from eqn [27] that [27']qe=QesKs+s=μYmax+m If we...
variable costDirect costs are those arising directly from the change or event that has resulted in the additional costs. Most Contractors are capable of pricing the additional work instructed based on contract prices, industry norms, and labour records. The costs claimed for delay are termed '...
If you own a busy retail store, for example, you have heaps of transactions on any given day. In this situation, a disadvantage of the direct method is the time it takes to capture and record information necessary for the cash flow statement. Because of its labour-intensive nature...
A fixed cost refers to a product or period cost that does not change in total within the relevant range. When the operation or performance of the company does not fall within the relevant range, the fixed cost may change. Ans...
Direct measurement of biological fineness in terms of fibre or lumen diameter and cell-wall thickness are precluded by the high costs in both time and labour, the noncircular cross-sections of dry cotton fibres, and the high degree of variation in fibre fineness. Although advances in image analy...
The resulting reduction in the cost of capital boosts investment and exerts a positive impact on the productivity of labor, stimulating wages and employment. As a result, GDP and welfare increase. Under the consolidated corporate tax base, the shift to the formula apportionment has allocative ...