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What are the basic assumptions regarding needs in Maslow's theory?
Manufacturing Overhead
All manufacturing costs other than direct materials and direct labor, includes costs like factory rent, utilities, and machine depreciation.
Applied to Production
Costs that are allocated or assigned to goods that are being produced, often involving direct labor, materials, and overhead.
Overapplied
Refers to a situation where the amount of overhead allocated to products or jobs is more than the actual overhead incurred.
Underapplied
Underapplied refers to a situation where the allocated costs are less than the actual costs incurred, often relating to overhead in manufacturing.
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