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As a user,you should not have to endure schedule slippages of a months or two.Such slippages are evidence of incompetent systems development.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on expected costs and activity levels.
Indirect Labour
Labor costs associated with workers not directly involved in the production of goods or services.
Direct Labour Costs
The wages and benefits paid to employees who are directly involved in the production of goods or services.
Overhead Costs
Indirect costs of operating a business that cannot be directly attributed to a specific product or service, such as rent, utilities, and administrative expenses.
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