Examlex
Match each term with its corresponding definition or explanation
-An abnormal growth or neoplasm
Manufacturing Overhead
All manufacturing costs that are not directly involved in the production of a product, including indirect materials, indirect labor, and other indirect costs.
Credit Balance
The amount of money that a company or individual has in their account, indicating that they have received more money than they have spent.
Overapplied
A situation where the allocated overhead costs for a product or service exceed the actual overhead costs incurred.
Applying Overhead
The process of allocating indirect manufacturing costs to produced goods based on established criteria.
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