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The two main sections of the forebrain are the:
Inventory Accounts
Accounts used to track the cost of goods a company has in stock during an accounting period, including raw materials, work in progress, and finished goods.
Actual Overhead Costs
The real costs that a company incurs for its indirect materials, indirect labor, and other overhead expenses.
Direct Labour Cost
The wages and benefits paid to workers who are directly involved in the manufacturing process.
Manufacturing Overhead Applied
The allocation of overhead costs to the goods produced, based on a predetermined overhead rate.
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