Examlex
In addition to an overall intelligence score, the WAIS provides separate scores for such skills as
Overhead Applied
Refers to the allocation of indirect costs to specific cost objects, such as products or services, based on a predetermined rate or basis.
Direct Labor-Hours
The total hours of labor directly involved in the manufacturing process, used as a basis for allocating manufacturing overhead to products.
Departmental Predetermined Overhead Rates
The estimated overhead rates assigned to different departments within a company, used for more accurate product costing.
Markup
The amount added to the cost price of goods to cover overhead and profit; a percentage of the cost.
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