Write the Meaning of the Abbreviation on the Line

question 17

Short Answer

Write the meaning of the abbreviation on the line.
-OTC ___________________________

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Definitions:

Machine Hours

A measurement of production time, tracking the amount of time machines are operated in the manufacturing process.

Direct Labor Hours

Time spent by workers directly involved in the production of goods or services.

Departmental Overhead Rates

Different rates used to allocate overhead costs to products or job functions, based on department-specific activities.

Direct Labor Hours

The total hours worked by employees who are directly involved in the production process of goods or services.