Examlex
The name for business technology in the 1970s was __________.Its primary purpose was to improve the flow of financial information.
Allocation Base
A measure or quantity, such as labor hours or machine hours, used to assign costs to activities or objects.
Machine Hours
A measure of the total time machines are operational within a specific period, often used in activity-based costing or allocation.
Factory Overhead Rate
A calculation used to allocate manufacturing overhead costs to individual units of production, based on a certain base such as labor hours or machine hours.
Machine Hours
A measure of production time, tracking the total hours that machinery is in operation during the manufacturing process.
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