Examlex
In juvenile justice,this is the term for what would be called parole in adult court.
Job Costing System
A cost accounting system that tracks the expenses of a specific job against its revenue to determine profitability.
Overapplied Overhead
This occurs when the allocated manufacturing overhead cost is more than the actual overhead costs incurred, leading to a variance.
Underapplied Overhead
The situation where the allocated overhead costs are less than the actual overhead incurred.
Proration
The method of allocating proportions of expenses or incomes across different departments, products, or periods.
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