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Explain some of the disadvantages of the departmental overhead rate method.
Short Term
Referring to a time frame typically less than one year, often relating to immediate goals, financial obligations, or investments.
Variable Cost
Costs that change in proportion with the level of production or business activity, such as materials and labor directly involved in production.
Activity
Refers to any action or task performed within an organization that consumes resources.
Relevant Range
The range of activity over which a company expects its operating assumptions, such as cost behavior and sales mix, to remain valid, influencing budgeting and financial planning.
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