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Emotions:
Manufacturing Overhead
All indirect manufacturing costs, including costs related to running the production facility but not directly linked to individual products.
Machine-Hours
A measure of the amount of time machines are used in the production process, often utilized as an allocation base for applying overhead costs to products.
Unit Product Costs
The total cost associated with producing one unit of a product, including direct materials, direct labor, and overhead.
Markup
The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.
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