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What is the dominant vegetation of the savanna?
Total Overhead Applied
The sum of all overhead costs that have been allocated to products or services based on a predetermined overhead rate.
Overhead Assigned
The process of allocating indirect costs to specific cost objects, such as products, services, or departments.
Direct Labor-Hours
Direct labor-hours represent the total hours worked by employees directly involved in the manufacturing process, serving as a basis for allocating labor costs to products.
Traditional Costing
An accounting method that allocates manufacturing overhead based on the volume of a cost driver, such as the amount of labor or materials used.
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