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While instant messaging is increasingly used by businesses, it causes a decline in productivity since it allows no way to manage interruptions.
Overhead Applied
The portion of overhead costs allocated to specific jobs or departments based on a predetermined formula or rate.
Variable Overhead Spending Variance
The difference between the actual variable overheads incurred and the standard costs expected for the actual production level achieved.
Unfavorable
A term describing a situation or outcome that is negative or disadvantageous, often used in financial contexts.
Favorable
A term used in accounting and finance to describe results or variances that are better than expected or budgeted, indicating positive performance.
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