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The following data have been provided by Mathews Corporation: Lubricants and supplies are both elements of variable manufacturing overhead. The variable overhead rate variance for lubricants is closest to:
House
Short for the House of Representatives, one of the two houses of the United States Congress, the other being the Senate.
Senate
One of the two houses of the bicameral legislature in many countries, typically representing regional interests and functioning as a check on the powers of the lower house.
Office of Management and Budget
A federal office responsible for preparing the U.S. federal budget and for overseeing the administration's financial management, policy, and legislative agenda.
Federal Budget
An annual financial statement presented by the government detailing its anticipated revenues and expenditures for the coming fiscal year.
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