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In a modus tollens, the first premise is hypothetical.The second premise:
Total Overhead Cost
The sum of all indirect costs associated with manufacturing a product or providing a service, excluding direct labor and direct materials costs.
Supplies Cost
The expense associated with purchasing supplies necessary for a company's operations or manufacturing processes.
Planning Budget
A budget designed at the beginning of the budgeting period that is based on a specific level of activity.
Frame
The structural support or skeleton that defines the shape or provides the foundation for a structure or object, such as a building or a piece of machinery.
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