Examlex
A definition paragraph explains ____.
Machine Hours
A measure of production activity or volume based on the number of hours machines are operating in the manufacturing process.
Idle Capacity
The portion of a company's resources or assets that are underused or not being used at all, often leading to inefficiency and increased costs.
Overhead Allocated
The process of assigning a portion of indirect costs to specific cost objects, such as products or departments.
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