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Direct Labor Hours
The total hours worked by employees directly involved in the manufacturing process of a company's products.
Finishing Rate
The pace at which a production process or construction project is completed, often measured in units per hour or days per project phase.
Machine Hours
A measure of the amount of time a machine is operated, used in cost accounting to allocate expenses to products.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on their use of activities.
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