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Disinterestedness
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the expected variable overhead based on the predetermined overhead rate.
Power
In a business context, it often refers to the influence or capacity of a company or individual to effect decisions and control resources.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the standard cost of the variable overhead applied to a production process.
Variable Overhead Rate Variance
The difference between the actual variable overhead rate incurred and the expected (or standard) rate, multiplied by the actual activity level.
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