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The main difference between early and late selection models of attention is that in late selection models,selection of stimuli for final processing doesn't occur until the information is analyzed for
Fixed Overhead Rate
A predetermined rate used to allocate fixed overhead costs to units of output, based on a standard level of activity.
Gross Profit
Sales minus the cost of goods sold.
Volume Variance
A measure used in budgeting and accounting to illustrate the difference between expected sales volume and actual sales volume.
Standard Costs
Predetermined costs for manufacturing a product or delivering a service, used as targets or benchmarks.
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