Examlex
What is meant by a potential "racial disparity" with respect to federal penalties for trafficking in powder cocaine versus crack cocaine? How is this disparity being reduced?
Manufacturing Overhead Applied
The process of assigning manufacturing overhead costs to the units produced, based on a predetermined overhead rate.
Work in Process Account
An inventory account that tracks the costs of products in various stages of completion but not yet finished.
Manufacturing Overhead
The indirect costs associated with manufacturing, exclusive of direct materials and direct labor expenses, necessary to produce goods.
Allocation Base
A criterion or measure used for allocating costs to cost objects, based on factors such as time, output, or activity level.
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