Examlex
Motor-carrier costs in the United States ______.
Unadjusted Cost of Goods Sold
The initial calculation of all costs directly associated with the production of goods sold by a company, not including any adjustments for inventory methods or valuation changes.
Operations
The day-to-day activities involved in running a business that are necessary for producing goods and services and generating revenue.
Direct Labor-Hours
The total hours worked by employees directly involved in the production process, used as a basis for assigning labor costs to products.
Predetermined Overhead Rate
An estimated overhead rate used to apply manufacturing overhead costs to products, calculated before the costs are actually incurred.
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