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Collectivism egoism
Manufacturing Overhead
All manufacturing costs that are not directly related to the production of a product, including expenses such as rent, utilities, and salaries for managers.
Direct Labor Cost
The cost that can be directly attributed to the production of specific goods or services, such as wages of employees directly involved in production.
Predetermined Manufacturing Overhead
An estimated rate used to assign manufacturing overhead costs to cost objects during a specific period, calculated before the period begins.
Direct Labor-hour
A measure of the total time workers or employees spend creating a product, which is used in calculating the labor cost involved in production.
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