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Fixed Manufacturing Overhead
Costs in manufacturing that do not change with the level of production output, such as rent, salaries of permanent staff, and depreciation of factory equipment.
Job-Order Costing System
A costing system that assigns costs to specific production jobs, useful for customized orders.
Predetermined Overhead Rate
is a rate used to allocate manufacturing overhead to products, calculated before the accounting period based on estimated costs.
Manufacturing Departments
Units within a manufacturing organization, each specializing in a different stage or aspect of the production process.
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