Examlex
When citing more than one publication within the same parentheses, list the items in order by date.
Standard Factory Overhead Rate
A predetermined rate used to allocate manufacturing overhead to individual units of production, based on a standard cost system.
Machine Hour
A unit of measure indicating the operating time of a machine, typically used in costing and operational efficiency calculations.
Normal Capacity
The production level expected to be achieved under normal conditions by a company, taking into account seasonal and cyclical demands.
Total Factory Overhead Cost Variance
The difference between the actual factory overhead incurred and the expected (or standard) overhead costs.
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