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Describe the five phases of systems analysis.
Variable Manufacturing Overhead
Indirect production costs that vary with the level of production output, such as utilities or materials handling expenses.
Last Month
A reference to the immediate month preceding the current one.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the standard variable overhead expected, based on the actual activity level.
Variable Overhead
Indirect, fluctuating costs that change with the level of production or organizational activity.
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