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In an effective team, norms are interrelated and supportive of an organization's goals.
Estimated Total Overhead
The projected total of all indirect costs associated with production, including utilities, rent, and salaries of support staff.
Manufacturing Overhead
Costs related to the manufacturing process that are not directly tied to the production of individual goods, such as utility costs of the factory and salaries of maintenance staff.
Job-Order Costing System
An accounting system that accumulates costs by individual jobs or orders, rather than processes or departments.
Production Departments
Specific areas within a manufacturing facility where particular aspects of the production process are performed.
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