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Overhead Applied
The portion of overhead costs allocated to the production of goods, based on a predetermined rate or method.
Milling Department
A specific division within a manufacturing facility where milling processes, such as grinding, crushing, or cutting, are performed on raw materials.
Plantwide Predetermined Manufacturing Overhead Rate
A single overhead rate calculated for an entire manufacturing plant, used to allocate manufacturing overhead costs to products based on a common activity base, such as machine hours.
Machine-Hours
A measure of the total hours that machinery is in operation during the production process.
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