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Match the following:
-Long-term memory
FOH Volume Variance
A financial metric that measures the difference between the budgeted fixed overhead and the applied fixed overhead based on actual production volumes.
FOH Budget Variance
The difference between the budgeted factory overhead costs and the actual factory overhead incurred during a period.
Variable Manufacturing Overhead
Costs in manufacturing that vary with the level of production output, such as utilities or raw materials, excluding direct labor and materials.
Work in Process Inventories
Inventories that include all partially completed goods or materials that are in the process of being manufactured.
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