Examlex
With ____, when a part is redesigned in the computer-aided design system, the changes are quickly transmitted both to the machines producing the part and to all other departments that need to know about and plan for the change.
Incurred
Refers to costs or expenses that have been consumed, used, or sustained in conducting business activities.
Overapplied Overhead
A situation where the applied manufacturing overhead cost is more than the actual overhead cost incurred, resulting in a need for adjustment in accounting records.
Underapplied Overhead
A condition where the actual overhead costs incurred exceed the allocated expenses in the manufacturing process.
Factory Overhead Account
An accounting category that accumulates all manufacturing costs that are not directly tied to a specific product or production job.
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