Examlex
A swap contract can be based on currencies, interest rates, or commodities.
Machine-Hour
A unit of measure indicating the time a machine is operated to produce goods, often used in allocating manufacturing overhead.
Job Cost
The total cost assigned to a specific job or project, comprising direct materials, direct labor, and allocated overhead.
Manufacturing Costs
Expenses directly related to the production of goods, including labor, materials, and overhead.
Markup
A percentage added to the cost price of goods to cover overhead and profit.
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