Examlex
Many selling skills cannot be learned from a textbook, but must be developed through practice, just like tennis.
Overhead Applied
The portion of overhead costs that are allocated to products or cost objects based on a predetermined overhead rate.
Customizing Department
A segment within a manufacturing or service company dedicated to modifying products or services to meet specific customer requests or needs.
Job-Order Costing System
A cost accounting system that assigns costs to specific production batches or jobs, used in custom or unique product manufacturing.
Direct Labor-Hours
The total hours worked by employees that are directly involved in the production process, serving as a measure for allocating labor costs to products or services.
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