Which of the following choices correctly denotes managerial functions that are commonly associated with budgeting? 
Definitions:
Overhead Cost
Expenses not directly tied to production activities, such as rent, utilities, and administrative costs.
Product Y7
A hypothetical or specific product, referred to by the identifier Y7, which may represent a model, version, or variant in a lineup.
Activity-Based Costing
A pricing approach that allocates overheads and indirect expenses to particular tasks, resulting in more precise cost estimation for products.
Activity Rate
A measure used in activity-based costing to allocate overhead costs to products or services.
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