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Machine-Hours
A unit of measure indicating the operational time of machinery, often used in manufacturing to allocate costs based on machine usage.
Predetermined Overhead Rate
An estimated rate used to assign manufacturing overhead costs to individual units of production, calculated at the beginning of a period.
Machine-Hours
The total hours that production machinery is operated within a given period, rephrased as the aggregate operational time of production equipment.
Direct Labor-Hours
The total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products.
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