Examlex
The Biosphere 2 experiment showed that science is very capable of engineering sustainable ecological systems.
Manufacturing Overhead Applied
The portion of estimated manufacturing overhead cost that is assigned to each unit of production based on a predetermined rate.
Labor-Hour
A labor-hour represents an hour of work performed by an employee, typically used as a basis for allocating labor costs or measuring productivity.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, including but not limited to utilities, maintenance, and factory equipment depreciation.
Underapplied
A situation in cost accounting where the allocated or applied costs are less than the actual costs incurred.
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