Examlex
A primary key is an attribute (or combination of attributes)that uniquely identifies each instance of an entity type.
Applied Factory Overhead
The allocation of estimated manufacturing overhead cost to individual units of production.
Direct Labor
The labor costs associated with workers who physically construct a product or are directly involved in providing a service.
Continuous Process
A manufacturing process where production runs 24/7, often used in industries like chemicals and oil refining.
Equivalent Units
A concept used in cost accounting to convert partially completed goods into a number of completed units for inventory valuation.
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