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Manufacturing Overhead
Overhead costs related to the manufacturing process, including indirect labor, indirect materials, and other expenses not directly linked to the production.
Budget Variance
The difference between budgeted amounts and actual amounts for revenues, expenses, or other financial metrics.
April
The month that comes fourth in the year according to the Gregorian calendar system.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead costs to products, calculated before the production period based on estimated costs and activity levels.
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