Examlex
Differences in income arise directly from all of the following sources EXCEPT:
Overhead Cost
The ongoing, general business expenses not directly tied to producing goods or services but necessary for running the business.
Traditional Costing
A costing method that assigns factory overhead to products based on volume-related measures such as direct labor hours or machine hours.
Product B
A generic term used to differentiate one product from another in a specific context, often used for analysis, comparison, or as an example.
Direct Labor-Hours
The total hours of labor directly involved in manufacturing a product, often used as a basis for allocating overhead costs.
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