Examlex
One example of cross-training would be training waitstaff to work in kitchen positions.
Predetermined Overhead Rate
An estimated overhead rate calculated before the accounting period begins, used to allocate overhead costs to products or services.
Direct Labor-Hour
A measure of the work done by laborers who are directly involved in the manufacturing process, calculated in hours.
Manufacturing Overhead Budget
The manufacturing overhead budget estimates the costs of all manufacturing overhead items for a forthcoming period, aiding in the financial planning of production.
Cash Disbursements
The total amount of cash paid by a business, including expenses, debt service, and purchases of assets.
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