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What is the most powerful way to motivate employees, according to what employees say?
Machine-Hours
A measure of the amount of time a machine is operated during a given period, commonly used in manufacturing to allocate costs or to measure productivity.
Manufacturing Overhead Costs
All indirect costs associated with the manufacturing process, including utilities, rent, and salaries for non-direct labor.
Direct Labor-Hours
A measure of the total hours worked directly on a specific job or task, excluding indirect labor involved in general factory supervision or maintenance.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead costs to products, calculated before the actual costs are known, based on estimates.
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