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At which stage in the production process can food be contaminated?
Spending Variance
The difference between the budgeted amount of expense or revenue and the actual amount spent or received.
Activity Variance
The difference between planned activity costs and actual activity costs in managerial accounting, used for budget control and performance evaluation.
Fixed Cost
Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance premiums.
Variable Cost
Expenditures that fluctuate with production output, including ingredients, packaging, and labor directly involved in production.
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