What Is Meant by the Term "Flow State

question 101

Essay

What is meant by the term "flow state"?

---

Definitions:

Manufacturing Overhead

Refers to the indirect factory-related costs incurred when producing a product, which may include the cost of materials, labor, and utility expenses that are not directly tied to the production of goods.

Predetermined Overhead Rate

A rate used to allocate indirect costs to products or services, based on estimated overhead costs and an allocation base.

Direct Labor-hours

The sum of time spent by employees directly involved in the creation of a product, often used to allocate manufacturing costs.

Manufacturing Overhead

All indirect costs associated with the production process, including utilities, maintenance, and salaries of non-direct labor.