In the second-stage allocation of overhead costs, we use activity rates to assign costs to cost objects.
Overhead costs, often referred to as overhead costs or operating costs, refer to costs associated with running a business that cannot be related to the creation or manufacture of products or services. They are the costs a company incurs to stay in business regardless of its level of success.
In economics, Overhead costs or overhead refers to the ongoing costs of running a business. Indirect costs are costs that are not easily traceable or identifiable to a specific unit of revenue, unlike operating costs such as raw materials and labor costs.
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