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How was the Enlightenment political rather than strictly intellectual? Did all Enlightenment thinkers have the same political beliefs?
Predetermined Overhead Rate
This is a rate used to apply manufacturing overhead to products or job orders and is established in advance based on estimated costs and activity levels.
Raw Materials Inventory
The total cost of all the materials that are used to make a product but have not yet been used in the manufacturing process.
Predetermined Overhead Rate
A rate calculated at the beginning of a period for assigning overhead cost to products or activities, based on estimated costs and activity levels.
Applied Overhead
The portion of overhead costs allocated to individual jobs or products based on a predetermined rate.
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