Examlex
A projective technique in which respondents are presented with a number of incomplete sentences and asked to complete them is called sentence completion.
Allocation Base
A criterion or measure, such as direct labor hours or machine hours, used for allocating costs among multiple cost objects.
Allocation Base
A criterion or standard used to allocate costs among different cost objects, like departments or products.
Overhead Rate
is a calculation that determines how much of overhead cost should be allocated to each unit of production or service, commonly based on direct labor hours, machine hours, or other activity drivers.
Machine Hours
A measure of production time, calculated as the total hours that a machine is operated during a specific period.
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