Examlex
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Fluid Ounces
A unit of volume used primarily in the United States to measure liquids, equivalent to approximately 29.57 ml.
Production Process
The series of steps involved in transforming raw materials into finished goods or services.
Overhead Account
An account used to record the indirect costs of a business, which are not directly attributable to a specific product or service.
Overabsorbed Overhead
The amount of overhead applied is greater than actual overhead cost incurred.
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