Examlex
Improvements in transportation and communications enable managers to better oversee foreign operations.
Predetermined Overhead Rates
The estimated overhead cost per unit of the allocation base, calculated at the beginning of the period.
Machine-Hours
The total amount of time machines are operated to produce goods.
Manufacturing Departments
Divisions within a manufacturing organization, each specializing in different stages of the production process, from raw materials processing to finished products.
Machining
A manufacturing process of shaping metal or other materials by using tools such as lathes, mills, drills, or grinders.
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