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Monoclonal antibodies
Journal Entry
A record in accounting that notes a specific financial transaction in the ledgers of a business.
Predetermined Overhead Rate
A rate calculated before a period begins, used to allocate estimated manufacturing overhead costs to products on the basis of a chosen activity base.
Direct Labor-Hour
A unit measuring the time workers who are directly involved in the production process spend on creating a unit of product.
Underapplied Overhead
A situation where the allocated overhead cost is less than the actual overhead incurred, leading to insufficient cost recovery.
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