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Write the word or phrase that best completes each statement or answers the question.
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Factory Overhead
Indirect costs related to manufacturing, including costs associated with operating the factory like utilities and salaries, but excluding direct materials and direct labor.
Indirect Materials
Materials used in the production process that cannot be directly linked to specific products or jobs, such as lubricants for machinery.
Materials Requisitions
Requests or orders for company materials to be used in production, indicating types, amounts, and intended use.
Period Cost
Costs that are not directly tied to the production process and are expensed in the period in which they are incurred, such as selling, general, and administrative expenses.
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