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Selma is a single mother who works full-time and attends to the needs of her two young children.Selma has opted to work from home for a short period after one her children had a road accident.Even though she works from home she often feels a lot of pressure in balancing her work and looking after her children.The term that best characterizes what Selma is experiencing is:
High-low Method
A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
Fixed Manufacturing Cost
Costs that do not change with the level of production, such as rent, salaries, and insurance.
Fixed Manufacturing Cost
Expenses that do not change with the level of production, such as rent, salaries, and equipment depreciation in a manufacturing setting.
Production Volume
The amount of products a factory or plant has manufactured in a given time frame; it measures the output level of production activities.
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