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The generally slow and steady succession of species on Earth has been interrupted by:
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to individual products or job orders based on a predetermined basis such as direct labor hours.
Direct Labour-Hours
The total hours of labor directly involved in the production of goods or services, often used as a basis for allocating overhead costs.
Direct Material Purchased
The raw materials acquired that are directly used in the manufacturing of a product.
Actual Overhead Cost
The real expenses incurred during production that are not directly tied to specific products, including electricity, rent, and managerial salaries.
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