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How have state constitutions changed over the past three decades?
Actual Output
The real quantity of goods or services produced by a company, as opposed to planned or expected output.
Standard Variable Overhead Rate
The rate used in budgeting and costing that applies variable overheads to a specific activity basis such as labor hours.
Direct Labour Hours
The aggregate hours employees devoted to the process of production have logged.
Variable Overhead
Costs that vary with the level of output, such as utilities and labor, as opposed to fixed overheads.
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