Examlex
Whenever soil is present, it is in the upper portion of the regolith layer.
Predetermined Overhead Rate
A calculated figure used for assigning the estimate of manufacturing overhead costs to individual units of production, based on a set rate determined at the beginning of an accounting period.
Direct Materials Cost
The total cost of all the raw materials used in the production of a product or service.
Machine-hours
A measure of the amount of time a machine is operated, used in calculating manufacturing costs and allocating expenses based on machine usage.
Overapplied Overhead
A situation where the allocated or applied manufacturing overhead cost is more than the actual manufacturing overhead cost incurred.
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