Examlex
What is the difference between applications and résumés and how are each used as selection tools?
Total Job Cost
The cumulative cost of materials, labor, and overhead for a specific job, useful in tracking expenses and determining profitability for that job.
Machine-Hours
A measure of the amount of time a machine is used in the production process, often used as a basis for allocating costs to products.
Direct Labor-Hours
The total hours worked by employees who are directly involved in the production of goods or delivery of services.
Allocation Base
A criterion or measure used for distributing overhead costs among various cost objects, such as machine hours, labor hours, or units produced.
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