Examlex
In a survey, what is meant by demographic questions and why might we want to include demographic questions in survey?
Departmental Predetermined
A rate or value established in advance for departments within a business, often used for budgeting, costing, or allocation purposes.
Casting Department
A department within a manufacturing entity responsible for the process of pouring liquid material into a mold to create a solid shape.
Overhead Rate
The ratio used to allocate indirect costs to produced goods, calculated by dividing total overheads by an allocation base.
Plantwide Predetermined
A single overhead rate calculated for an entire plant or facility, used to allocate overhead costs to all products equally.
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