Examlex
Factor the trinomial, if possible.
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Overapplied
A situation in cost accounting where the allocated manufacturing overhead costs exceed the actual overhead expenses incurred.
Underapplied
A situation where the allocated or applied costs are less than the actual costs incurred.
Fixed Overhead Budget Variance
The difference between the actual fixed overhead costs incurred and the budgeted or expected costs.
Unfavorable
A term used in variance analysis to describe a situation where actual results are worse than expected results, leading to a negative impact on financial performance.
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