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Mistakes in selecting foreign distributors and sales representatives are not an issue new exporters face.
Manufacturing Overhead Applied
The amount of manufacturing overhead costs allocated to individual products or product lines based on a predetermined overhead rate.
Direct Materials
Raw materials that are directly used in the manufacturing of a product and can be easily traced back to the finished goods.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead to individual products or job orders, based on a predetermined activity base.
Direct Labor Cost
The wages and related expenses for employees who are directly involved in the production of goods or services.
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