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A small computing center has found that the number of jobs submitted per day to its computers has a distribution that is approximately mound-shaped and symmetric, with a mean of 69 jobs
And a standard deviation of 8. Where do we expect approximately 95% of the distribution to fall?
Manufacturing Overhead
All indirect costs associated with manufacturing, including utilities, rent, and salaries for indirect labor.
Direct Labor-hour
A measure of the work done by labor in producing goods, calculated as the total hours of direct labor expended on the production of goods.
Predetermined Overhead Rate
A rate established in advance for allocating overhead costs to products or job orders, based on an estimated level of activity.
Direct Labor-hour
A measure of labor input based on the time workers spend on a specific task or product.
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