Examlex
In Access 2013, the default file extension for a relational database is _____
Direct Labor-Hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products.
Raw Materials
Basic materials that are used in the manufacturing process to produce goods and products.
Predetermined Overhead Rate
A rate used to charge manufacturing overhead cost to jobs that is established in advance for each period. It is computed by dividing the estimated total manufacturing overhead cost for the period by the estimated total amount of the allocation base for the period.
Variable Overhead Rate
The ratio of variable overhead costs to an activity base, used to allocate variable overhead costs to products or services.
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