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The Variance from Standard for Factory Overhead Resulting from Incurring

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The variance from standard for factory overhead resulting from incurring a total amount of factory overhead cost that is greater or less than the amount budgeted for the level of operations achieved is termed controllable variance.


Definitions:

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A verb form used to indicate a completed action, often used in perfect tenses and sometimes as an adjective, like "taken" or "written."

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A grammatical form of a verb, typically used in creating perfect tenses and the passive voice, often ending in -ed, -en, etc., in English.

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