Examlex
Match the person or term with the with the correct description.
-Wal-Mart
Over/Underabsorbed Overhead
The difference between the overhead costs applied to products and the actual overhead costs incurred.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, ending with net income or loss.
Cost Pool
A grouping of individual costs, typically by department or service center, from which cost allocations are made later.
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