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Which of the following subjects is not generally covered by local ordinances?
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead to individual units of production, based on direct labor hours, machine hours, or any other measurable activity.
Factory Overhead
All indirect costs associated with the manufacturing process, including maintenance, electricity, and supervisory salaries.
Production
The process of creating goods and services, involving labor, materials, tools, and machinery.
Materials Requisitions
A document used to request or withdraw materials from inventory for production or other internal uses.
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