Examlex
The second step in the program development cycle is ____.
Direct Labor Hours
The total time workers spend on creating a product or service, often used as an allocation base in cost accounting.
Overhead Assigned
The process of allocating indirect costs, such as utilities or rent, to specific cost objects like products or departments.
Allocation Base
A measure or statistic used to distribute costs among different departments or activities, typically related to cost accounting practices.
Departmental Overhead Rate
The speed at which overhead expenses are distributed to goods or services according to activities specific to each department.
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