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When a manager has a large span of control, she can maintain close control over workers and stay in contact with daily operations.
Operations Data
Information related to the day-to-day activities of a business, including production, sales, and logistics metrics.
Overapplied Overhead
Happens when the overhead assigned to products exceeds the actual overhead costs incurred, resulting in excess allocation that needs adjustment in accounting records.
Adjusted Cost
The net cost of an asset after adjusting for depreciation, amortization, or other expenses incurred over its life.
Finished Goods Inventory
Products completed and ready for sale, yet remain unsold.
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