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Some data projectors are small portable devices.
Overhead Rate
A measure used to allocate overhead costs to products or services based on a predetermined formula.
Direct Costs
Direct costs are expenses that can be directly attributed to a specific cost object, such as materials and labor directly involved in producing a product.
Indirect Costs
Expenses not directly tied to the production of a product or service, such as rent, utilities, and administrative salaries.
Cost Object
Any item for which a separate measurement of costs is desired, such as a product, service, project, or department.
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