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Manufacturing Overhead
All indirect costs associated with the manufacturing process, including costs related to indirect labor, materials, and factory operations.
Finishing Department
The section in a manufacturing process where products undergo final touches before being considered finished goods.
Predetermined Overhead Rate
An upfront calculated rate for assigning manufacturing overhead costs to products or job orders, based on estimated expenses and levels of activity.
Direct Labor-Hours
Combined working hours of staff directly participating in the manufacturing of products or provision of services.
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