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Which of the following is used to calculate the fixed overhead spending variance?
Child and Dependent Care Credit
A tax credit offered to taxpayers to offset the cost of care for qualifying dependents, enabling the taxpayer to work or look for work.
Qualified Day Care Center
A child care facility that meets specific criteria set by tax law, potentially eligible for certain tax benefits.
American Opportunity Tax
An educational credit for sanctioned expenses related to an eligible student’s initial four years at a higher education institution.
Lifetime Learning Credits
A tax credit available to individuals who pay qualified tuition and related expenses, aimed to encourage lifelong learning and skill development.
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