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An obstetrician who devotes two afternoons a week to seeing pregnant patients is using an appointment scheduling method called
Finishing
The final step in the manufacturing process where a product undergoes final touch-ups, coating, polishing, or packaging.
Predetermined Overhead Rate
A rate calculated before a period begins, based on the estimated overhead costs and estimated activity base, used to allocate overhead to products or services.
Machine-Hours
A unit of measure indicating the operational time of machines in manufacturing processes, key to determining overhead rates and productivity.
Direct Labor-Hours
The total hours of work directly involved in manufacturing goods or delivering services, often used as a basis for allocating overhead.
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