Examlex
Determine by what factor the numbers differ. In other words, determine how many times larger the first number is thanthe second.
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Predetermined Overhead Rate
A computed rate used for applying overhead costs to products or job orders, calculated before the period begins based on estimated costs.
Machine-Hours
The total hours that machinery is operating during a specific period, often used for allocating manufacturing overhead costs.
Predetermined Overhead Rate
An estimated rate used to assign manufacturing overhead costs to individual units of production.
Machine-Hours
A measure of the amount of time machines are operated, used as a basis for allocating manufacturing overhead costs in production.
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