Examlex
Find the product.
Predetermined Overhead
An estimated rate used to assign overhead costs to products or services based on a planned amount of overhead and a planned allocation base.
Direct Labor
Workers who are directly involved in the manufacturing of goods or provision of services, whose labor costs are directly attributed to the product or service.
Raw Materials
Fundamental substances utilized as the starting point in the manufacturing process to create products.
Predetermined Overhead
An estimated amount of overhead cost assigned to each unit of production in advance of the actual production.
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