Examlex
Attention-deficit/hyperactivity disorder was previously known as:
Underapplied Overhead
A situation where the allocated or applied overhead costs in the production process are less than the actual overhead costs incurred.
Predetermined Overhead Rate
A calculated rate used to allocate manufacturing overhead costs to individual units of production, based on estimated or actual data.
Applied Manufacturing Overhead
The allocation of manufacturing overhead costs to individual units of production based on a formula or rate.
Cost Of Goods Manufactured
The total expense incurred by a company to produce goods in a given period, including materials, labor, and overhead costs.
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