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Machine-Hours
A measure of production output or activity based on the number of hours machines are operated.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to products based on a certain activity, such as labor hours or machine hours.
Machine-Hours
A measure of the amount of time that a machine is operating, used as a basis for allocating manufacturing overhead costs.
Predetermined Overhead Rate
An estimated rate used to allocate overhead costs to products or job orders, calculated before the accounting period.
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