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Direct Labor Hours
The total hours worked by employees directly involved in producing a product.
Machine Hours
A measure of the amount of time a machine is used in the production process, often used as a basis for allocating manufacturing overhead costs.
Plantwide Overhead Rate Method
A method of allocating manufacturing overhead costs to products based on a single, plant-wide rate, often using direct labor hours or machine hours as the allocation base.
Cost Objects
Any item for which a separate measurement of costs is desired; examples include a product, a service, a project, or a customer.
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