APPLICATION RATE, OVERHEAD Definition

Bookmark and Share

APPLICATION RATE, OVERHEAD is a rate used to apply manufacturing overhead to output; estimated factory overhead for a period divided by the estimated application base.

Learn new Accounting Terms

EARNED SURPLUS see RETAINED EARNINGS.

GARBAGE IN, GARBAGE OUT (GIGO) is an often used computer and software industry saying meaning that if the data going into a system is suspect, the resulting data output will be suspect.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.