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Spreading activation allows consumers to shift back and forth among levels of meanings.
Volume Variance
A metric used to measure the difference between the budgeted quantity of output and the actual output, often analyzed to assess performance or plan for future action.
Fixed Manufacturing Overhead
These are production costs that do not change with the level of production output, such as rent for factory buildings or salaries for factory management.
Overhead Applied
The portion of estimated manufacturing overhead cost that is charged to individual jobs based on the predetermined overhead rate.
Denominator Level
Refers to the total amount of capacity or activity base used to allocate fixed costs to products or services in cost accounting.
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