Examlex
After a referral and screening, the following procedures may be part of assessment.
Job-Order Costing
A method of costing that collects costs for each individual job or batch of goods produced, as opposed to process costing.
Overapplied Overhead
A situation where the allocated manufacturing overhead costs are higher than the actual overhead expenses incurred.
Raw Materials
The basic materials from which products are made, which have not yet been processed or used in manufacturing.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product.
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