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What is the different between Importing and Exporting?
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to products, calculated before the production process begins.
Direct Labour Costs
Expenses related to employees who are directly involved in the production of goods or services.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead costs to individual units of production, based on estimated costs.
Direct Materials
These are raw materials that are directly traceable to the manufacturing of a product.
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