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The PR interval is considered normal if it is between:
Flexible Budget
A flexible budget adjusts expenses based on changes in actual revenue or other activity levels, providing a more accurate comparison of budgeted versus actual performance.
Predetermined Rate
A rate established in advance to allocate certain costs, often overhead, to products or job orders based on an estimated or expected basis.
Fixed Overhead
Expenses that do not vary with the level of production or sales, such as rent, salaries of permanent staff, and insurance.
Planned Activity
Activities or tasks that have been scheduled and outlined in advance as part of a project or process planning.
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