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In financial institution based systems, individual investors hold corporate debt and equity through the following ways:
I. directly
II. indirectly through banks
III. indirectly through insurance companies
IV. indirectly through other financial intermediaries
Overapplied Overhead
A circumstance where manufacturing overhead costs assigned exceed the real costs incurred for overhead.
Underapplied Overhead
The situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred, leading to underestimation of product costs.
Job-Order Costing
An accounting method used to track the costs associated with producing a specific job or batch of products.
Manufacturing Overhead
Indirect factory-related costs that are incurred when a product is manufactured, including costs related to utilities, depreciation, and salaries for management.
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