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What is a haptic interface?
Plantwide Overhead Rate
A single overhead absorption rate used throughout an entire plant or company to allocate indirect costs to cost objects.
Direct Labor Hours
The total time workers spend on creating a product or service, often used as an allocation base in cost accounting.
Overhead Assigned
The process of allocating indirect costs, such as utilities or rent, to specific cost objects like products or departments.
Allocation Base
A measure or statistic used to distribute costs among different departments or activities, typically related to cost accounting practices.
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