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Manufacturing Overhead
All manufacturing costs that are not directly assignable to specific units produced, including indirect labor and materials.
T-Accounts
A tool used in accounting to visualize and manage debits and credits for each account in the general ledger, presented in the shape of the letter "T".
Transactions
Financial events or exchanges between entities that result in changes to the accounting equation.
Manufacturing Overhead
All indirect costs related to the manufacturing process, including costs for utilities, rent, and maintenance of equipment, that are not directly traceable to a product.
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