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Tactical goals are specific, measurable results that are expected from departments, work groups, and individuals within the organization.
Plantwide Overhead Rate
Plantwide overhead rate is a single rate used to allocate all of a plant’s manufacturing overhead costs to its production activities, regardless of the department in which they occur.
Direct Labor Hour
A measure of the labor directly involved in manufacturing a product or delivering a service, often used in costing and budgeting.
Activity-based Costing
A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.
Overhead Costs
Indirect costs of running a business that are not directly tied to production, such as rent, utilities, and salaries.
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