Examlex
A two-factor experimental design means that the researcher must measure two separate scores for each subject.
Plantwide Predetermined
A single overhead rate calculated for an entire production facility based on estimated costs and activity levels.
Machine-Hours
A measure of the amount of time a machine is operated, used in allocating machine costs to units of production.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead to individual products or job orders based on a certain activity base, such as machine hours or labor hours.
Machine-Hours
A unit of measure that represents the operational time of a machine, used in allocating manufacturing overhead based on the time machines are run.
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