Examlex
How is the resolving power of a telescope defined?
Plantwide Predetermined Rate
A single overhead rate calculated using the total estimated overhead costs divided by an estimated allocation base for an entire factory or plant.
Machine-Hours
A measure of the time that a machine is in operation, used in costing and operational analysis.
Departmental Predetermined Rates
Overhead allocation rates set in advance for specific departments to allocate indirect costs more accurately.
Markup
An additional amount included in the cost price of products to account for overheads and gain, thereby establishing the price at which they are sold.
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