Examlex
Which of these is not an example of a network:
Machine-Hours
A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs in some costing systems.
Markup
The amount added to the cost price of goods to cover overhead and profit; it calculates the selling price.
Manufacturing Overhead
All indirect costs associated with manufacturing, excluding direct materials and direct labor, such as maintenance, depreciation, and utilities.
Predetermined Overhead Rate
A rate calculated before a period begins, based on the estimated total manufacturing overhead costs and estimated allocation base, used to allocate overhead to products or job orders.
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