Examlex
During the developer-as-artist systems development era, principles from engineering were frequently applied to the systems development process.
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, maintenance, and salaries of non-direct labor.
Predetermined Overhead Rate
A rate used to allocate indirect costs to products or services, calculated before the accounting period begins based on estimated costs and activity levels.
Direct Labor-hour
A metric that calculates the total number of hours worked by employees directly involved in manufacturing a product or providing a service.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead to individual units of production, based on a related activity base.
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