Examlex
The domain of ethics has no specific laws.
Direct Material
Raw materials that can be directly attributed to the production of specific goods or services.
Applied Overhead
The estimated overhead costs assigned to individual units of production, based on a predetermined rate.
Customized Product
A product specially designed and made according to the specifications and requirements of a particular customer.
Work in Process Account
An account used to track the costs associated with unfinished products during the manufacturing process, including labor, materials, and overhead.
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