Examlex
Semantic domains having additional mathematical structure are called algebras.
Factory Overhead
Indirect costs associated with manufacturing, including costs related to operating the manufacturing facilities, aside from direct labor and direct materials costs.
Machine Hours
A measure of the amount of time a machine is operated, used in allocating manufacturing costs.
Journal Entry
A record in accounting that shows a business transaction and its effect on the financial statements, consisting of debit and credit entries.
Predetermined Overhead Rate
A method employed to distribute manufacturing overhead costs to specific production units, utilizing projected expenses and levels of activity.
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