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A ____ Is a Named Collection of Data That Exists

question 17

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A ____ is a named collection of data that exists on a storage medium.


Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products or job orders, based on a particular activity base such as labor hours or machine hours.

Machine-Hours

A measure of production time, calculated as the total hours that machines are operating in the manufacturing process.

Job-Order Costing System

An accounting system that accumulates costs for each individual job or project, useful in custom manufacturing environments.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders, based on a certain activity base.

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