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While agile project management does not consist of one set method, most methods are based on similar principles. Which of the following agile project management principles would be described when team members decide among themselves who should do what and what should be done?
Machine-Hours
A measurement of production time, representing hours a machine is operated within a given period.
Predetermined Overhead Rate
This rate is used to allocate manufacturing overhead costs to products or job orders based on a set formula, typically involving estimated costs and an allocation base like machine hours or labor hours.
Direct Labor-Hours
The total hours of work attributable directly to the production of goods, often used as a basis for assigning labor costs to units of product.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead to products or job orders, calculated by dividing estimated overhead costs by an allocation base like direct labor hours.
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