ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
AGE OF INVENTORY Definition
AGE OF INVENTORY see DAYS INVENTORY.
Learn new Accounting Terms
CONVERSION COSTS is Direct Labor + Manufacturing Overhead.
MANNING VARIANCE is the difference between the amount of time that was expected to be worked at a machine-paced workcenter, based on the amount of receipts of the parent part, and the actual amount of labor hours recorded at the workcenter.
