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Which is NOT a normal aging change?
Raw Materials
Basic substances in their natural, modified, or semi-processed states used as an input in the manufacture of goods.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to allocate projected overhead costs to products or services based on expected activity levels.
Actual Cost Driver
A factor that directly impacts the expenses associated with a specific activity, determining the actual costs incurred.
Budgeted Overheads
The estimated costs for overhead (indirect costs such as utilities, rent, and administrative salaries) that are planned or budgeted for a specific time period.
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