Examlex
What is another name given to dispersion forces?
Budget Variance
A measurement of the difference between the budgeted or planned amount of expense or revenue, and the actual amount incurred/sold.
Predetermined Overhead Rate
An estimated charge used to distribute overhead costs to products or projects, based on an expected standard, allowing for cost allocation before actual expenses are known.
Variable Component
The portion of costs or expenses that varies directly with changes in production volume or business activity.
Fixed Component
The portion of a cost or expense that remains constant regardless of the level of production or business activity.
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