Examlex
A strength of the GLOBE studies is
Applied Overhead
The segment of manufacturing overhead expenses assigned to each production unit according to a pre-established rate.
Factory Overhead
All indirect costs associated with manufacturing, including utilities, maintenance, and salaries of non-direct labor.
Machine Hours
A measure of the total time that machines are operated over a specific period, often used for allocating manufacturing overhead costs to products.
Overapplied Overhead
A situation where the allocated manufacturing overhead costs are more than the actual overhead costs incurred.
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