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_____ is the awareness, knowledge, understanding, sensitivity, and skill needed to conduct and complete professional activities effectively with people of diverse cultural backgrounds and ethnic affiliations.
Manufacturing Overhead
This refers to all of the indirect costs associated with the production process, such as utilities, maintenance, and salary of supervisors.
Predetermined Overhead Rate
A rate calculated at the beginning of the accounting period, based on the estimated overhead costs and estimated activity level, used to allocate overhead costs to products.
Overhead Applied
Refers to the amount of manufacturing overhead costs assigned to individual jobs based on a predetermined rate, representing the indirect costs associated with production.
Actual Overhead Costs
The real expenses incurred for overhead in a specific period, as opposed to budgeted or estimated costs.
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