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Solve the system of equations using substitution.
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Cost Driver
A factor that influences or contributes to the expense of certain business operations.
Direct Costs
Costs that can be directly attributed to the production of a specific good or service, such as raw materials and direct labor.
Allocation Base
A measure or statistic used to distribute indirect costs to different cost objects, such as departments or products.
Overhead Costs
Expenses related to the day-to-day running of a business that cannot be directly attributed to creating a product or service, such as rent, utilities, and insurance.
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