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A function attributed to the cerebellum is the
Variable Overhead
Costs that fluctuate with the level of production output, such as utilities or materials, unlike fixed overhead costs.
Total Overhead Variance
The difference between the actual overhead costs incurred and the overhead costs that were applied or allocated based on standard costing procedures.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the quantity that should have been used, valued at the standard cost.
Direct Material
The raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.
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