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Manufacturing Overhead
Manufacturing expenses not directly linked to individual product units, encompassing indirect materials and labor.
Predetermined Overhead Rate
An estimated rate used to assign manufacturing overhead costs to products based on a specific activity base, like machine hours or labor hours.
Direct Labour-Hours
The total man-hours expended by workers directly involved in the manufacturing process.
Manufacturing Overhead
All indirect costs associated with manufacturing, such as indirect materials, indirect labor, and other factory-related expenses.
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