Examlex
A method by which judges modify the force of a constitutional provision by reinterpreting its meaning is known as judicial interpretation.
Overhead Rates
The method for allocating indirect costs to products based on predetermined rates.
Machine-Hours
A measure of production time, calculated as the total number of hours machines are operated during a specific period.
Overhead Applied
The allocated portion of overhead costs assigned to individual units or activities, based on a predetermined overhead rate.
Machining Department
A segment within a manufacturing facility where machining processes such as cutting, drilling, or shaping materials are carried out.
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