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What is the GDP Deflator?
Overhead Applied
The process of allocating indirect costs to specific cost objects such as products or projects.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to products, calculated at the beginning of an accounting period.
Manufacturing Overhead
All indirect costs associated with manufacturing, including equipment maintenance, utilities, and factory management salaries.
Estimated Total
A calculated approximate value representing the total amount or quantity of something, often used in planning or forecasting.
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