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Behaviorism is the idea that all actions
Labour Time
The total hours worked by employees measurable for a specific period, often used for costing and productivity analysis.
Predetermined Overhead Rate
A rate calculated before a period begins, used to allocate estimated overhead costs to products or job orders based on a chosen activity base.
Direct Labour-hours
The total hours worked by employees directly involved in the manufacturing process.
Work in Process
Items that are in the process of being manufactured but are not yet complete.
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