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The U.S. Constitution states that the minimum size of a congressional district is 30,000 people. The U.S population in 1990 was 248,709,873. If each district size were 30,000 people, how many House members would there have been in 1990?
Variable Costing
A pricing technique that incorporates solely the variable costs of production—such as raw materials, direct labor, and variable overhead expenses—into the per-unit cost of products.
Variable Overhead
Costs that change with the level of production or service activities.
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Absorption Costing
A costing method that includes all manufacturing costs (both fixed and variable) in the cost of a product.
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