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Any conspiracy-even if it occurs outside the United States-that has a substantial effect on U.S. commerce is within the reach of the Sherman Act.
Manufacturing Overhead
All indirect costs associated with the production process, including maintenance, utilities, and salaries of maintenance workers, not directly tied to a specific product.
Job Cost
The total cost associated with completing a specific job, including materials, labor, and overhead.
Predetermined Overhead Rate
A rate used to allocate overhead costs to products or job orders, calculated before the period begins based on estimated costs and activity levels.
Machine-Hour
A unit of measure representing the operation of a machine for one hour.
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