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List two factors that affect the volume in foam cakes and discuss briefly the effect of each factor.
Actual Overhead
The real costs incurred by a business for overhead, such as rent, utilities, and administrative expenses, during a specific period.
Budgeted Manufacturing
The process of estimating future production costs, including materials, labor, and overhead, for a specific period.
Manufacturing Overhead
Indirect factory-related costs that are incurred when producing a product, which can include utilities, maintenance, and factory equipment depreciation.
Variable
An element, feature, or factor that is likely to vary or change; it could also refer to costs that fluctuate with the level of output.
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