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How did the spread of public schools in the 1820s and 1830s change teaching?
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the standard cost allocated, based on the actual amount of the allocation base used.
Supplies
Materials and items used in the daily operations of a business that do not directly become part of the final product.
Flexible Budget
A budget that modifies based on fluctuations in activity levels or volume.
Output
The quantity of goods or services produced in a given time period by a company, individual, or machine.
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