Convert This Fraction into the Decimal Form

question 70

Short Answer

Convert this fraction into the decimal form. If appropriate, place a dot above a decimal number to show that it repeats:

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Definitions:

Overapplied Overhead

A scenario in which the overhead costs attributed to manufacturing exceed the overhead expenses that were actually incurred.

Underapplied Overhead

A situation where the allocated factory overhead costs are less than the actual overhead costs incurred, leading to a discrepancy in cost accounting.

Direct Materials

The raw materials that are directly traceable and a necessary part of a finished product.

Indirect Materials

Materials used in the production process that are not directly traceable to a finished product, such as lubricants for machinery.