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What is the productivity measure that is expressed in physical terms?
Assembly
The process of putting together individual components or pieces to form a finished product.
Predetermined Overhead Rate
An estimated rate used to apply manufacturing overhead cost to jobs or products, based on a planned activity level and expected overhead costs.
Manufacturing Overhead
The indirect costs associated with manufacturing, such as utilities, maintenance, and salaries for management.
Fixed Manufacturing Overhead
The constant production costs that do not vary with the level of output, such as salaries of supervisors and depreciation of equipment.
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