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Of the following, which is not one of the four fundamental assumptions of memory?
Budget Variance
The difference between what was budgeted or forecasted and what was actually achieved, indicating over or underperformance.
Predetermined Overhead Rate
A calculated rate used to apply manufacturing overhead to products or job orders, based on a related activity measure such as labor hours.
Variable Manufacturing Overhead
The costs that vary with production volume, such as indirect materials, utilities, and labor involved in the manufacturing process.
Machine-Hour
A measure of production output or activity based on the number of hours a machine is operated.
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