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Machine-Hours
A measure of the amount of time a machine is operated, typically used in manufacturing to determine production costs or capacity.
Predetermined Overhead Rate
A rate determined prior to the start of a period, designed for assigning anticipated overhead expenses to products or job orders, utilizing a selected activity basis for calculation.
Manufacturing Overhead
Costs in the manufacturing process that are not direct labor or materials.
Direct Labor-Hours
A measure of the labor directly involved in manufacturing a product, expressed in hours.
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