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Explain the value of using emoticons and emojis when texting or using other forms of computer-mediated communication. What are emoticons analogous to in standard communication?
Variable Overhead
Indirect manufacturing costs that vary with the level of production output, such as utilities and maintenance expenses.
Labour Rate Variance
The difference between the actual cost of labor and its budgeted (or standard) cost, often arising from paying different wages than anticipated.
Flexible Budget Variance
A financial performance measure that compares actual results with expected outcomes based on different levels of production or sales activity.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, providing a more accurate comparison to actual results.
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