Examlex
In service applications, flowcharts generally highlight the points of contact with the customer.
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead costs to individual units of product based on a specific costing activity.
Direct Materials Cost
Direct materials cost refers to the expenditure associated with the raw materials used directly in manufacturing a product.
Direct Materials
Materials that are directly used in the manufacture of end products.
Direct Labor
Wages paid to employees who are directly involved in the production of goods or services.
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