Examlex
Intermediate scrutiny test is applied to classifications based on a protected class other than race.
Direct Labor-Hours
The total hours of labor directly involved in producing goods or delivering services.
Underapplied Overhead
Occurs when the overhead assigned to products is less than the overhead actually incurred, leading to a shortfall that needs to be addressed in cost accounting.
Predetermined Overhead Rate
An estimated charge per activity unit used to assign overhead costs to products or services, calculated before the period begins.
Direct Labor-Hours
The sum of hours contributed by workers directly participating in creating goods or offering services.
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