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What is one way to combat issues of internal validity?
Fixed Manufacturing Overhead
Costs associated with production that do not vary with the level of output, such as rent and salaries of managers.
Variable Overhead
Costs that change in proportion to the level of production or activity within a business.
Direct Materials
Raw materials directly used in the manufacturing of a product, which can be directly attributed to the finished product.
Fixed Overhead
Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, which are necessary for a business's operations regardless of output.
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