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Job Cost Sheet
A document that records the costs associated with a specific job or batch of products, tracking direct labor, direct materials, and applied overhead.
Predetermined Overhead Rate
A rate calculated before a period begins, used to allocate manufacturing overhead costs to cost objects during the period.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead costs to products, calculated based on estimated costs and activity levels.
Predetermined Overhead Rate
An estimated rate used to apply manufacturing overhead to products or job orders, based on expected activity levels.
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