Examlex
Which of the following units is a fundamental unit in the SI?
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead to products based on a predetermined formula.
Variable Manufacturing Overhead
Costs that vary proportionally with manufacturing activity, such as indirect materials and utilities.
Markup
The amount added to the cost of goods to cover operating expenses and profit, expressed as a percentage of cost.
Direct Labor-Hours
Direct labor-hours refer to the total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products.
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