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C is an object-oriented programming language developed by Sun Microsystems. _________________________
Budget Variance
The difference between the budgeted or planned amounts and the actual amounts incurred.
Standard Cost
A predetermined cost of manufacturing a single unit or a number of product units during a specific period under normal conditions.
Variable Overhead
Costs that vary with production volume, such as utilities or materials, which do not remain fixed over time.
Cost Driver
A factor that causes the cost of an activity to increase or decrease, such as machine-hours, labor hours, or production volume.
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