Tag: direct
Yield Variance
What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based...
National Association Of Federal Credit Unions (NAFCU)
What is the NAFCU and what does it do
The National Association of Federal Credit Unions is a trade association that represents the interests of...
Absorption Costing
DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...
Absorbed Account
What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are often absorbed...
Lease
DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...
Absorbed Cost
What is an absorbed cost and how does it impact a business's bottom line
An absorbed cost is an overhead cost that has been fully...
Sales Mix Variance
What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales...
Saber Currency
What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...
Sales Price Variance
What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products or services for...
Backward Integration
What is 'Backward Integration'
Backward integration is a form of vertical integration that involves the purchase of, or merger with, suppliers up the supply chain....