MANNING VARIANCE Definition

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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.

Learn new Accounting Terms

ABC see ACTIVITY BASED COSTING.

OUTPUT VAT is VAT on a companys sales. See also VALUE ADDED TAX (VAT).

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