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In 1760, fearful of heavy concentrations of resentful slaves, which colonial legislature unsuccessfully sought to pass legislation that would halt the further importation of slaves?
Predetermined Overhead Rate
A calculated rate used to apply manufacturing overhead to products or job orders, based on a related activity measure such as labor hours.
Variable Manufacturing Overhead
The costs that vary with production volume, such as indirect materials, utilities, and labor involved in the manufacturing process.
Machine-Hour
A measure of production output or activity based on the number of hours a machine is operated.
Fixed Manufacturing Overhead
A consistent cost incurred during manufacturing that does not vary with the level of production, such as salaries of managers or rent.
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