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According to the memory map:
Plantwide Factory Overhead Rate
A single overhead absorption rate used throughout an entire plant or factory, calculated by dividing total overhead costs by a common base like labor hours or machine hours.
Budgeted Units
The quantity of products or services that an organization plans to produce or offer in a specific period based on its budget.
Plantwide Overhead Rate
A single overhead rate computed by dividing total factory overhead by a base, applied throughout an entire manufacturing plant.
Plantwide Factory Overhead Rate
A single overhead absorption rate used throughout a factory to allocate indirect costs to products based on a common base, such as labor hours or machine hours.
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