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Manufacturing Overhead
Costs associated with manufacturing a product that are not directly tied to the factory's operations.
Job-Order Costing
A cost accounting system that assigns manufacturing costs to an individual product or batches of products.
Predetermined Overhead Rate
A calculated rate used to charge manufacturing overhead costs to products, usually based on a fraction of planned or actual production volumes.
Automated Jointer
A machine tool used in woodworking to flatten or straighten the edges of boards automatically, improving efficiency and precision.
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