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Machining Department
A specific division within a manufacturing facility where machining processes such as cutting, drilling, or shaping materials are carried out.
Customizing Department
A unit within an organization that adapts products to fit the unique needs or likes of its customers.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to individual units of product based on a certain activity, like labor hours.
Direct Labor-Hours
A measure of the time employees who work directly in the production of goods spend on a specific job or product, used to allocate labor costs in job costing.
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