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Brainstorming is when someone has an emotional outburst.
Gross Margin
The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage; it measures how efficiently a company uses its resources to make products.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on a selected activity base such as machine hours or labor hours.
Machine-Hours
A unit of measure that represents the operational time of a machine, often used to allocate manufacturing overhead costs to products.
Unused Capacity
The available production or service facility that is not being used or is underutilized.
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