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Milling Department
A department within a manufacturing facility where raw materials are ground, crushed, or cut into small pieces using machines like mills.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead to products, calculated by dividing estimated overhead costs by an allocation base, like direct labor hours or machine hours, before the period begins.
Forming Department
A specific section within a manufacturing process where materials are shaped or formed into parts or products.
Machine-Hour
A unit of measure indicating the operating time of a machine, used in costing to allocate expenses based on machine use.
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