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The graph of is shown. Use this graph to sketch the graph of .
Variable Overhead Standards
The budgeted or standard costs associated with variable overheads, which are expected to change in proportion to different levels of production activity.
Direct Labor-hours
Represents the total hours of labor directly involved in manufacturing a product or delivering a service.
Variable Overhead Rate
The rate at which variable overhead costs are allocated to each unit of production, typically based on hours of labor or machine hours.
Quantity Standard
A predetermined measure of the amount of input that should be used in the production of a single unit of product or service.
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