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Answer the following question(s) using the information below.Lukehart Industries Inc.produces air purifiers in batches.To manufacture a batch of the purifiers Lukehart Inc.must setup the machines and assembly line tooling.Setup costs are batch-level costs because they are associated with batches rather than individual units of products.A separate Setup Department is responsible for setting up machines and tooling for different models of the air purifiers.Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup hours.The following information pertains to June 2012:
-Fixed and variable cost variances can ________ be applied to activity-based costing systems.
Reduced
In chemistry, refers to the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.
Cellular Respiration
Pathway that uses an electron transfer chain to harvest energy from an organic molecule and make ATP. See aerobic respiration.
Glucose Molecules
A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.
ATP Synthesis
The process by which energy is stored in the form of adenosine triphosphate (ATP) in cells, commonly occurring in the mitochondria via cellular respiration.
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