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If a firm uses absorption costing,fixed manufacturing overhead will be included
GIF
Graphics Interchange Format; a bitmap image format that supports both animated and static images.
JPEG
A common method of lossy compression for digital images, particularly for those images produced by digital photography.
Local Disk
This refers to the hard drive or solid-state drive that is physically installed in a computer, as opposed to external or networked storage.
File System
The method and data structure that an operating system uses to keep track of files on a disk or partition; it organizes and provides access to files.
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