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The accounting for the allocation of overhead costs is a three-step process and occurs at three different points in the accounting cycle.List each of the three steps.For each step indicate when the step occurs and why the step is needed.
Semantic Network
A conceptual model used in artificial intelligence, cognitive psychology, and psycholinguistics that represents semantic relations between concepts in networks.
Semantic
Relating to meaning in language or logic, especially the analysis of word meanings and relationships.
Phonemic
Pertains to phonemes, which are the smallest units of sound in a language that distinguish one word from another.
Structural
Relates to the physical or organizational shape, composition, or arrangement of something.
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