Examlex
How does a mercury barometer work? How do meteorologists use it to describe atmospheric pressure?
Plantwide Overhead Rate
A single rate used to allocate manufacturing overhead costs uniformly across all products within a plant or facility.
Overhead Allocations
The process of distributing indirect costs across various products, services, or departments within a business.
Allocation Base
A criterion or standard used to distribute indirect costs to various cost objects, such as products, services, or departments.
Plantwide Overhead Rate
A single overhead rate applied uniformly to all cost objects throughout an entire plant or facility.
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