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The global-product strategy is weak when it comes to
Underapplied Overhead
When the actual manufacturing overhead costs are higher than the overhead allocated to products or services.
Actual Overhead Cost
The real expenses occurring from indirect costs, such as utilities, rent, and administrative expenses, necessary for running a business.
Indirect Labor Costs
Wages paid to employees who are not directly involved in production work but who support the production process.
Factory Overhead Account
Represents all the indirect costs associated with running a production facility that are not directly tied to a specific product.
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