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Which statement is not true about V-fib?
Overhead Applied
An accounting term referring to the allocation of indirect costs to products or services based on a predetermined rate.
Total Job Cost
Represents the comprehensive cost associated with a specific job or project, including materials, labor, and overhead expenses.
Job K332
A specific work order or project identifier used to track expenses, progress, and completion within a job costing system.
Manufacturing Overhead
Encompasses all the indirect costs associated with the production process, including utilities, maintenance, and factory equipment depreciation.
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