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Machine-Hours
A measure of production activity that quantifies the total hours a machine is operated within a given period.
Forming Department
A division within a manufacturing process where raw materials are shaped into finished products or components.
Finishing Department
The section in a manufacturing process where products are completed, tested, and prepared for delivery.
Predetermined Overhead Rate
An estimated charge used to apply manufacturing indirect costs to individual products or job orders, based on a chosen activity base.
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