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Local applications can be accessed only on the computers on which they are installed.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to products based on a selected activity base.
Manufacturing Overhead
All manufacturing costs that are not directly tied to the production of goods, such as rent, utilities, and salaries of maintenance personnel.
Total Manufacturing Cost
The aggregate of all costs directly attributable to the production of goods, including material, labor, and overhead costs.
Schedule of Cost
A detailed listing of all costs, both fixed and variable, associated with producing a good or delivering a service.
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