Examlex
What is a support activity in the operations of a firm?
Single Plantwide Factory Overhead Rate
A method of allocating total factory overhead costs to units produced, using a single rate for the entire manufacturing plant.
Labor-Intensive Department
A department within a company that relies more on human labor than on machinery or automation to produce goods or provide services.
Capital-Intensive Department
A division within a company that requires a large investment in capital assets relative to its labor cost.
Single Plantwide Factory Overhead Rate
A method of allocating total factory overhead to products based on a single rate, often using total direct labor hours or machine hours.
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