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If the accumulation function
Predetermined Rate
An estimated rate used to apply manufacturing overhead costs to products, calculated before the actual overhead costs are known.
Direct Labour Cost
The expense associated with workers who are directly involved in the production of goods or services, distinguished from indirect labor costs like supervision and maintenance.
Predetermined Overhead Rate
An estimated charging rate used to apply manufacturing overhead costs to produced units, based on a selected activity base.
Predetermined Overhead Rate
A predetermined rate employed to allocate estimated manufacturing overhead costs to products, calculated before the period starts, using projected costs and activity levels.
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