Examlex
You should avoid the temptation to sound sophisticated or erudite when writing across cultures.
Predetermined Overhead Rate
An estimated rate used to apply manufacturing overhead to products or job orders, based on a related activity base such as machine hours or direct labor hours.
Variable Manufacturing Overhead
Costs that vary with the level of production output, such as utilities for machinery, that are associated with the manufacturing process.
Direct Labor-Hours
The measure of the amount of time workers spend directly producing goods or services, important in calculating labor expenses and production efficiency.
Fixed Manufacturing Overhead
Represents the set of costs that are required to operate a manufacturing facility, which do not vary with the volume of production.
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