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If the early universe had been perfectly uniform, galaxies could not have formed. As it is, cosmologists believe the variations observed in the cosmic microwave background which were sufficient to produce the galaxies and other structures now seen were only about 3 parts in
Predetermined Overhead Rate
A rate set in advance used to allocate manufacturing overhead to products based on a particular activity base such as machine hours or direct labor hours.
Manufacturing Overhead
All indirect costs related to the manufacturing process, such as indirect labor, maintenance, and utilities, that cannot be directly traced to specific products.
Job Cost Sheets
Detailed records that document the costs associated with a specific job or project.
Overapplied Overhead
A credit balance in the Manufacturing Overhead account that occurs when the amount of overhead cost applied to Work in Process exceeds the amount of overhead cost actually incurred during a period.
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