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by L. Taylor on October 26th, 2009
Now I am deaf, thank you for shouting your question.
by Gail.garcia on October 26th, 2009
- MPV means that you paid more, or less, per pound, foot, yard, etc. than projected for the materials actually purchased.
- MQV means that you used more, or less, of the materials than you projected for the given number of units actually produced.
- LRV means that you paid more, or less, per hour for the labor force (on average) than projected.
- LEV means that your labor force put in more, or less, hours of time, in total and on an average per unit basis, than projected.
- VFOH SV means that you had a combination of two occurrences. You used more, or less, and you paid more, or less, for the variable factory overhead costs.
- VFOH EV means you completed the job (products) in more time, or less time, in total and on an average basis, in terms of the underlying activity base used for applying overhead, than projected.
- FFOH BV means you spent more, or less, on fixed overhead than originally projected.
- FFOH VV means you produced more, or less, than originally projected for the period.
Gail (Tutor)
examville.com
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