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Urbanization in the Russian Domain
Factory Overhead
All manufacturing costs that are not directly related to the production of a product or direct labor.
Direct Labor Hours
The cumulative hours that employees, who are directly engaged in the creation of products or services, have worked.
Overhead Rate
A calculation used to allocate indirect costs to products or services, typically expressed as a percentage of direct labor, materials, or another base.
Activity-based Costing
A costing method that assigns overhead and indirect costs to specific products or activities based on their use of resources.
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