Examlex
The enamel of the mammalian tooth is composed of crystals of
Underapplied
A situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred.
Overapplied
A situation where the estimated cost allocated to a product or job exceeds the actual costs incurred.
Fixed Overhead Budget
A financial plan that estimates the fixed costs needed to produce goods or services over a specific period.
Volume Variance
The difference between the expected (budgeted) volume of activity and the actual volume, and its impact on the budgeted costs.
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