Examlex
A buyer agent is an intelligent agent on a Web site that helps the customer find products and services.
Machine Hours
A measure of the total operating time of machinery within a specific period, often used in cost accounting to allocate expenses to units produced.
Overhead Allocation
The process of distributing indirect costs across products, services, or departments within a company.
Department 2
A reference to a specific section, division, or unit within an organization, often used in context to differentiate between various parts of a business operation.
Plantwide Overhead Rate
A single overhead absorption rate calculated for an entire factory, used to allocate manufacturing overhead costs to products.
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