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Predetermined Overhead Rate
A calculated rate used to estimate the manufacturing overhead cost per unit of production, based on expected costs and activity levels.
Manufacturing Overhead
Indirect factory-related costs that occur from manufacturing a product such as the cost of managing a factory.
Accumulated Depreciation
The total amount of depreciation expense that has been charged against a fixed asset since it was put into use.
Predetermined Overhead Rate
A rate calculated before a period begins, based on the estimated cost of manufacturing overhead and an allocation base, used to assign overhead costs to products.
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