Property taxes associated with a company's administrative facility are considered manufacturing overhead costs
Property is anything to which a person or entity has a legal right. A property can be a tangible item, such as a house, car, or appliance, or an intangible item that promises future value, such as a stock or bond. There are three main forms of ownership in economics
economics: private ownership, public ownership, and collective ownership (also called cooperative ownership). Why Use Properties: Properties allow you to change a single object, and affect your program in isolation from other objects. Properties distinguish objects from each other.
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