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Food manufacturers use which of the following techniques to reduce the fat and kcalories in food?
Minimum Required Rate
Often refers to the minimum rate of return that an investment must offer to be considered viable or the minimum acceptable compensation for delay or risk.
Revenue Variance
The difference between how much the revenue should have been, given the actual level of activity, and the actual revenue for the period. A favorable (unfavorable) revenue variance occurs because the revenue is higher (lower) than expected, given the actual level of activity for the period.
Activity Measure
An allocation base in an activity-based costing system; ideally, a measure of whatever causes the costs in an activity cost pool.
Average Actual Selling Price
The mean price at which goods or services have been sold, calculated over a specific period or volume of sales.
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