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An infant's early babbling:
Machine-Hours
A measurement of the amount of time machines are in operation, used to allocate machine-related costs to products.
Fixed Manufacturing Overhead Cost
Expenses related to manufacturing that do not change with the level of production, such as rent, salaries, and depreciation on equipment.
Variable Manufacturing Overhead
These are costs that vary with production volume, such as utilities for the manufacturing plant, but cannot be directly traced to specific units of product.
Direct Labor-Hours
Direct labor-hours are the total hours worked by employees directly involved in the production of goods or services, used for costing and operational efficiency assessment.
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