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If the process average is in control, then the process range must also be in control.
Variable Overhead Estimates
Predicted costs that fluctuate with the level of output, such as utilities and materials, which do not have a fixed rate.
Standard Input Measures
Metrics used to set benchmarks for the amount of resources (materials, labor, etc.) required for a standard unit of production or service delivery, facilitating efficiency analysis.
Units of Output
The measure of production or work accomplished, such as the number of units produced in a manufacturing process.
Four-Way Overhead Analysis
A detailed analysis method focusing on identifying, separating, and analyzing overhead costs using four main categories or perspectives.
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