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Discuss and give examples of the five sources of evidence of validity described in the newest Standards for Educational and Psychological Testing.
Variable Overhead
The costs that fluctuate with the level of production output and may include expenses such as utilities and indirect materials.
Direct Materials
Raw materials that can be directly attributed to the manufacturing of a product.
Direct Labor-Hours
Overall hours employees spend directly involved in the fabricating process.
Variable Overhead
Overhead costs that fluctuate with the level of production activity, such as utilities or indirect materials.
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