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The Jacobin Terror ended only with
Job-Order Costing System
An accounting system that accumulates costs for each individual job or project, useful in custom manufacturing environments.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to individual products or job orders, based on a certain activity base.
Machine-Hours
A measure of production output or activity based on the number of hours machines are operated in the manufacturing process.
Job-Order Costing System
An accounting method used to accumulate and assign costs to custom or unique products or jobs.
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