Examlex
A merger is a form of a acquisition whereby one firm purchases another,often with a combination of cash and stock
Overapplied
A situation where the allocated manufacturing overhead costs exceed the actual manufacturing overhead costs incurred.
Denominator Activity
The total base activity used to allocate overhead costs in cost accounting, such as total direct labor hours or machine hours available.
Direct Labor-Hours
The total hours worked by employees directly involved in the manufacturing process, used in allocating manufacturing overhead.
Overapplied
A condition where the manufacturing overhead allocated to products exceeds the actual manufacturing overhead costs incurred.
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