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According to the United Nations,a feature of democracy is:
Variable Overhead Spending Variance
The difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on the actual level of production activity.
Standard Variable Overhead Rate
The predetermined rate used to allocate variable manufacturing overhead to individual units of production.
Standard Hours
The predetermined amount of time expected to complete a unit of work or job, serving as a benchmark for productivity and performance measurement.
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