Examlex
Genes
Underapplied Overhead
A situation where the allocated overhead costs are less than the actual overhead costs incurred.
Cost of Goods Sold
The total cost directly associated with producing the goods that have been sold during a specific period.
Period End
The conclusion of an accounting period, at which time financial statements are prepared and financial activities are summarized.
Transfer
The movement of resources, products, or services from one part of an organization to another.
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