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A characteristic of ________ is that only an object's methods are able to directly access and make the changes to the object's data.
Manufacturing Overhead
All indirect costs associated with manufacturing beyond direct materials and direct labor, such as utilities and maintenance.
Variable Costs
Costs that vary directly with the level of production or sales volume.
Fixed Costs
Fixed expenses unaffected by production or sales volumes, like rent, salaries, and insurance premiums.
Relevant Range
The range of activity within which the assumptions about variable and fixed cost behavior are valid.
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