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Standard Hours for Actual Output in Financial Formulas
Standard Hours for Actual Output is a measure to assess the efficiency of labour utilization to the actual production achieved. And is denoted by SO.
Financial formulas that make use of Standard Hours for Actual Output
f
x
Labour Cost Variance
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FAQ
What is the Standard Hours for Actual Output?
Standard Hours for Actual Output is a measure to assess the efficiency of labour utilization to the actual production achieved.
Can the Standard Hours for Actual Output be negative?
{YesorNo}, the Standard Hours for Actual Output, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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