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Direct Labor-Hours
A measure of the total time worked by employees directly involved in the manufacturing process or providing services, often used to allocate manufacturing overhead.
Traditional Costing
Traditional Costing is a method of costing that allocates manufacturing overhead costs to products based on the volume of production resources consumed, such as labor hours or machine hours.
Overhead Assigned
The allocation of indirect costs to a particular production process or activity.
Direct Labor-Hours
A measure of the total hours worked by employees directly involved in the manufacturing process.
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