Examlex
A bursa is a shock-absorbing pocket of fluid found in some joints.
Predetermined Overhead Rate
A rate used to allocate overhead costs to products or services, based on a predetermined activity level.
Manufacturing Departments
Sections in a manufacturing plant, each focusing on various parts of the manufacturing process.
Machine-Hours
The total hours that machinery is in operation during a production process.
Markup
The amount added to the cost price of goods to cover overhead and profit, determining the selling price.
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