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An Employee Is Asked to Create a Spreadsheet to Compile

question 27

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An employee is asked to create a spreadsheet to compile revenue projections for the up-coming year.A manager then reviews the quality of the spreadsheet.This is an example of a(n) ______ performance measure.


Definitions:

Machine-Hours

The total time machines are operated within a certain period, often used to allocate manufacturing overhead.

Manufacturing Overhead

All manufacturing costs that are not directly associated with the production of goods, such as salaries of supervisors and the cost of factory utilities.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders based on a specific activity base.

Machine-Hours

A measure of production or work volume that indicates the amount of time a machine has been operating.

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