Examlex
The City of Winnipeg's ERP system integrated:
Manufacturing Overhead
All manufacturing costs that are not directly associated with the production of a product, including costs related to indirect materials, indirect labor, and other indirect expenses.
Overapplied Overhead
This occurs when the overhead allocated to products or job orders during a period exceeds the actual overhead costs incurred.
Manufacturing Overhead
Indirect costs associated with manufacturing, not directly tied to specific product units, such as equipment maintenance, factory rent, and management salaries.
Finished Goods
The final products that have completed the manufacturing process and are ready for sale.
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