There Are Cases Where It Is Possible to Normalize a Table

question 77

Short Answer

There are cases where it is possible to normalize a table too far,in which case there may be a need for ________.

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Definitions:

Total Manufacturing Costs

The aggregate of all costs involved in producing a finished product, including direct materials, direct labor, and manufacturing overhead.

Manufacturing Overhead Applied

The amount of manufacturing overhead costs allocated to individual products or product lines based on a predetermined overhead rate.

Direct Materials

Raw materials that are directly used in the manufacturing of a product and can be easily traced back to the finished goods.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual products or job orders, based on a predetermined activity base.