Examlex
This type of performance rater's error occurs when the rater generalizes bad behavior on one aspect of the employee's job performance to the employee's over-all performance.
Absorption Costing
A product costing approach that incorporates all costs of manufacturing, including both fixed and variable, into the product's price.
Absorption Costing
An inventory pricing approach that incorporates all costs associated with manufacturing, including both variable and fixed expenses, into the product's cost.
Variable Costing
An accounting method that includes only variable production costs in the cost of goods sold and treats fixed overhead expenses as period costs.
Direct Materials
Raw materials directly used in the manufacturing of a product that can be directly traced to that product.
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