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Cost Drivers
Factors that cause a change in the cost of an activity, such as machine-hours, labor-hours, or quantity of materials.
Activity Variances
Differences between planned and actual costs arising from changes in activity levels in various cost centers within a business.
Cost Drivers
Factors that cause a change in the cost of an activity, used to assign overhead costs in activity-based costing systems.
Vocational School
An educational institution that provides specialized training and education targeted toward particular careers or trades.
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