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Fixed Manufacturing Overhead
Costs in manufacturing that do not vary with the level of production output, such as salaries of managers and depreciation of factory equipment.
Machine-Hours
A metric for the amount of time a machine is operational, typically used in manufacturing processes.
Fixed Costs
Costs that do not vary with the level of production or sales over a short period, such as rent, salaries, and insurance.
Estimated Activity
The projected level of activity used to allocate overhead costs, often based on metrics such as machine hours or labor hours.
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