Examlex
Overemphasis on Content rather than Process in the CPS system can lead to:
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.
Markup
The amount added to the cost of a product to create a price point that ensures profit for the company.
Selling Prices
The price at which goods or services are offered to buyers, determined by various factors including cost, demand, and competition.
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