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DNA replication is a semiconservative process.
Plantwide Overhead Rate
A single overhead rate applied to all production activities, calculated by dividing the total factory overhead by an allocation base, such as direct labor hours.
Direct Labor Hours
The total hours of labor directly involved in the manufacturing or production process of goods and services.
Overhead Allocation
The process of distributing indirect costs to cost objects such as products, services, or departments.
Departmental Overhead Rate
The allocation of indirect costs to specific departments based on relevant activity bases, such as labor hours or machine hours, to more accurately assign costs.
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