Examlex
Select the term that is spelled correctly and give its meaning.
-A. osteoperosis
B. osteoporosis
A or B: _____ meaning: __________
Applied Overhead
The estimated amount of overhead costs assigned to individual units of production, based on a predetermined allocation rate.
Factory Overhead
Those manufacturing costs that are not directly tied to the production process but are necessary for production to occur, such as maintenance, utilities, and salaries of indirect labor.
Cost of Goods Sold
Direct costs attributable to the production of the goods sold by a company, including materials and labor.
Credit Balance
The amount of money that a financial institution owes to a customer in a particular account.