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A chemical change
Total Factory Overhead Cost Variance
The difference between the actual overhead costs incurred and the standard overhead costs assigned to production over a given period.
Factory Overhead Cost Budget
Budget that estimates the cost for each item of factory overhead needed to support budgeted production.
Total Variable Cost
The sum of all costs that vary directly with the level of production or sales volume.
Total Fixed Costs
The combined sum of all costs that do not change with the level of production or sales over a certain period.
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