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The simple past tense is used __________________.
Manufacturing Overhead Account
An accounting term referring to all indirect costs associated with manufacturing a product, such as utilities, depreciation, and salary of indirect labor.
Direct Labor
Labor costs that are directly attributable to the production of goods or services, such as wages for workers manufacturing a product.
Indirect Labor
Labor costs not directly associated with the production of goods or services, such as salaries of supervisors or maintenance staff.
Product Costs
All costs directly tied to the creation of a product, including materials, labor, and allocated overhead.
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