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In the United States, the number of deaths resulting from illicit drug use are those from legal substance use.
Fixed Overhead Budget Variance
The difference between the actual fixed overhead costs incurred and the budgeted or expected costs.
Unfavorable
A term used in variance analysis to describe a situation where actual results are worse than expected results, leading to a negative impact on financial performance.
Favorable
A term used in finance and accounting to describe results that are better than expected or budgeted.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead to products or job orders, calculated based on estimated overhead costs and an allocation base.
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