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Find the first term and the common difference for the arithmetic sequence. Round approximations to the nearest
hundredth.
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Variable Manufacturing
Costs that vary directly with the level of production output, such as materials and direct labor costs.
Fixed Manufacturing
Costs associated with the manufacturing process that do not vary with production volume, such as rent, depreciation, and salaries of permanent staff.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the consumption of the asset over time.
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