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Conflict sociologists begin with the idea that modern societies have achieved a high degree of social and cultural unity.
Budget Variance
The difference between the budgeted or planned amount of expenses or revenues, and the actual amount incurred or earned.
Predetermined Overhead Rate
A rate calculated before the period begins, used to allocate manufacturing overhead to products based on a specific activity base.
Volume Variance
The difference between planned production volumes and actual production volumes, and its effect on budgeted costs.
Variable Overhead
Costs that fluctuate with changes in production level or activity, such as utilities or materials, within the manufacturing overhead category.
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