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Direct Labor-Hours
The total hours of labor directly involved in the production of goods, a key factor in calculating labor costs.
Estimated Total Overhead
The projected total of all indirect production costs, including but not limited to utilities, rent, and administrative expenses.
Assembly Department
A section within a manufacturing facility where components are assembled into final products or where significant assembly work is performed.
Total Overhead Applied
The total amount of overhead costs allocated to products or services based on a predetermined overhead rate.
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