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When Diocletian took power:
Overhead Rate
The rate at which overhead costs are allocated to products or services, typically based on direct labor hours, machine hours, or another allocation base.
Direct Labor-Hours
The total hours worked directly on manufacturing goods or providing services.
Manufacturing Overhead
Indirect costs related to manufacturing that do not include direct materials or direct labor.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to allocate overhead costs to products or services.
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