Examlex
The first major statement proposing the interaction of CFCs and stratospheric ozone was made in the 1970s.
Direct Labor Costs
Direct labor costs involve the expenditure or expense directly linked to the remuneration of employees who are engaged in the hands-on production of goods or services.
Predetermined Overhead Rate
An estimated overhead rate used to allocate manufacturing overhead costs to products or job orders based on a selected activity base, such as direct labor hours.
Estimated Overhead
Projected costs of indirect materials, labor, and other expenses that are necessary for production but are not directly traceable to specific products.
Allocation Factor
A criterion or formula used to distribute costs or revenues among various departments, products, or projects based on relevant measures such as time, usage, or volume.
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