Examlex
Digitalization has made it more difficult to protect some intellectual property rights.
Job Order Costing
An accounting method used to assign costs to specific jobs or batches, ideal for manufacturing processes or services that are distinct or custom.
Manufacturing Overhead Applied
The allocation of estimated manufacturing overhead costs to individual units of production, based on a predetermined overhead rate.
Cost Per Machine
The total cost associated with acquiring and operating a machine divided by the number of machines, relevant in cost analysis and budgeting for machinery investments.
Factory Labor
The total cost of labor directly associated with the operation of a manufacturing facility, including wages and benefits.
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