Examlex
Infants' earliest categories are
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead to individual products or job orders, calculated before a period begins based on estimated overhead costs and activity levels.
Manufacturing Overhead Application Rate
A rate used to allocate manufacturing overhead costs to products based on a predetermined activity base, such as labor hours or machine hours.
Direct Labor Dollars
The cost of labor that can be directly attributed to the production of goods or services.
Indirect Labor
The wages of employees who are not directly involved in producing goods but support the production process, such as maintenance staff and supervisors.
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