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Peptic ulcers
Variable Manufacturing Overhead
Costs that fluctuate with the level of production output, such as raw materials and direct labor.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to products.
Manufacturing Overhead
All indirect costs associated with manufacturing, excluding direct material and direct labor costs, such as utilities and rent for the manufacturing space.
Machine-Hours
A measure of the amount of time machines are used in the production process, used as a basis for allocating manufacturing overhead costs.
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