Examlex
Many e-businesses adopted a variation of the adhocracy as their design pattern because the thinking was that e-business was fundamentally different from the old bricks and mortar operations.
Predetermined Overhead Rate
is a rate used to allocate manufacturing overhead to products, calculated before the accounting period based on estimated costs.
Manufacturing Departments
Units within a manufacturing organization, each specializing in a different stage or aspect of the production process.
Machine-Hours
A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs in some costing systems.
Markup
The amount added to the cost price of goods to cover overhead and profit; it calculates the selling price.
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