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for each graph give an ordered pair description (vertex set and edge set) and an adjacency
matrix, and draw a picture of the graph.
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Variable Overhead Costs
Indirect costs of production that fluctuate with the level of output, such as utilities and indirect labor.
Budgeted Overhead Cost
The estimated costs associated with running a company that are not directly tied to a specific product or service, including rent and utilities.
Machine-Hours
A measure of production time, representing the total hours that machines are in operation during a specific period.
Spending Variance
The difference between the actual amount spent on a particular item and the amount that was budgeted for it.
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