Examlex
The zone of rock that is completely saturated with water is called the water zone.
Volume-based Cost Driver
A factor that causes the cost of an activity or resource to increase, directly related to the volume of production or service delivery.
Indirect Manufacturing Costs
Expenses related to the production process that cannot be directly attributed to specific units of product, such as utilities, maintenance, and factory supervision.
Automation
The technology by which a process or procedure is performed with minimal human assistance.
Machine Hours
A metric for the total time machines or equipment have been operational, used to allocate manufacturing overhead costs.
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