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Viruses and bacteria are both based on the unit of a cell.
Standard Cost System
A method of cost accounting that compares actual costs to predetermined standards, facilitating variance analysis to manage costs.
Standard Amount
The budgeted or pre-determined cost of materials, labor, and overhead that is used as a benchmark for actual costs.
Variable Manufacturing Overhead
The segment of manufacturing overhead expenses that fluctuates in relation to the volume of production output.
Actual Output
The real quantity of goods or services produced by a company, as opposed to planned or potential output.
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