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If I agree to sing at your wedding for free and then don't show up,you may sue me for breach of contract.
Single Overhead Rate
A method in cost accounting where a single rate is used to allocate each unit of overhead to products or cost objects.
Direct Labor Hours
The total hours worked by employees directly involved in the production process or operation of a service.
Materials Input
The raw materials, components, and supplies used in the production or manufacturing of goods.
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