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Overhead Rate
A rate used to allocate indirect costs to products or services, typically calculated as a ratio of overhead costs to a base such as direct labor hours or machine hours.
Direct Labour
The labor costs directly associated with the production of goods or services, such as wages for workers on the production line.
Overhead Rate
A calculation used to allocate indirect costs to products or services, typically expressed as a percentage or ratio.
Architectural Entity
A concept or structure in the discipline of architecture that can refer to buildings, facilities, and even urban design elements.
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