Examlex
What is disintermediation? How do marketers and consumers benefit from disintermediation? Provide a marketplace example.
Applied Overhead
An accounting method that allocates estimated overhead costs to specific jobs or production units based on a predetermined rate or formula.
Direct Labor
Wages or costs directly associated with workers who are involved in the production of goods or services.
Continuous Process
A manufacturing or production process that operates without interruption, typically in industries where the product is produced in a flow rather than discrete units.
Applied Overhead
The portion of manufacturing overhead costs allocated to individual units of production based on a predetermined rate.
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