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Synchondrosis joints between the ribs and sternum allow for expansion of the chest cavity during breathing.
Machine-Hours
A measure of production activity that quantifies the total hours a machine is operated over a specific period.
Fixed Manufacturing Overhead
Indirect production costs that remain constant regardless of the volume of production, such as salaries of managers and depreciation of factory equipment.
Budget Variance
Budget Variance is the difference between the budgeted or planned amounts and the actual amounts spent or earned, used to evaluate financial performance.
Standard Hours
The expected amount of time required to produce a single unit or a batch of units under normal operating conditions.
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