ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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UNALLOCATED COSTS Definition
UNALLOCATED COSTS represents corporate costs not associated either directly or indirectly in providing a product or service for sale. Unallocated costs are not included in the calculation of COST OF GOODS SOLD.
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GROSS PROFIT METHOD is an inventory estimate based on gross margin.
MANAGEMENT is those in charge of running a business or in the act of managing something.