Examlex
A manager can refuse to pay overtime to an employee if that employee did not have managerial approval in advance to work more than the scheduled hours for that day.
Complex
Consisting of many different and connected parts; not simple.
Plantwide Overhead Rate
A single, uniform overhead absorption rate used throughout a manufacturing plant or facility.
Allocation Base
A criterion or standard used to distribute costs among different cost objects, often used in the process of overhead allocation.
Single Cost Pool
A simplified accounting method that aggregates all costs into one category.
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