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Plantwide Predetermined Rate
A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of the allocation base, applied throughout an entire plant or facility.
Machine-Hours
The total number of hours that machinery is in operation, used as a basis for allocating manufacturing overhead costs in a production environment.
Predetermined Overhead Rate
An estimated rate used to assign manufacturing overhead costs to individual units of production, based on a chosen activity base.
Direct Labor-Hours
A measure of the work input in terms of hours that can be directly attributed to the production process.
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