Examlex
The systems analyst needs to conceptualize data flows from a top-down perspective.
Machine-Hours
A measure of the amount of time a machine is used during the production process, often used in costing and budgeting.
Direct Labor-Hours
The number of hours spent by workers directly involved in the manufacturing of a product or delivery of a service.
Manufacturing Overhead
The indirect production costs that are not directly associated with the manufacturing of products, such as utilities and rent for the manufacturing facility.
Predetermined Overhead Rate
A computed rate used for applying overhead costs to products or job orders, calculated before the period begins based on estimated costs.
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