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Machine-Hours
A measure of production time, representing the number of hours machines are operated in the production process.
Variable Manufacturing Overhead
Costs in the manufacturing process that fluctuate with production volume, such as utilities or materials, contrasting with fixed overhead costs.
Plantwide Predetermined
This typically involves a single overhead rate calculated for an entire manufacturing plant, used to allocate overhead costs to products.
Manufacturing Overhead
Indirect factory-related costs that are incurred when producing a product, such as the cost of utilities, maintenance, and salaries of supervisors.
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