Examlex
Which category has the largest microbes?
Predetermined Overhead Rate
The rate calculated before the period begins, used to allocate manufacturing overhead costs to individual units of production based on a consistent measure, such as direct labor hours.
Manufacturing Overhead
Indirect factory-related costs that are not directly tied to a specific product, such as maintenance and factory utilities.
Overapplied
In cost accounting, refers to a situation where the allocated amount of an indirect cost exceeds the actual incurred cost.
Underapplied
A situation where the allocated costs are less than the actual costs incurred, often in the context of manufacturing overhead.
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