Examlex
What is a prototype?
Plantwide Predetermined
The determination of a single overhead rate that is applied throughout an entire plant or facility, irrespective of individual processes.
Manufacturing Overhead
All indirect costs associated with the production process, such as utilities, maintenance, and salaries of support staff.
Machine-Hours
A measure of production output or activity based on the number of hours machines are operated.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to products based on a certain activity, such as labor hours or machine hours.
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