Examlex
____ can be cost-inefficient both for individual projects and for the company.Each project must pay the salaries of its dedicated project team, even during parts of the project when they are not busy.
Machine-Hours
A measure of the amount of time machines are used in the production process, often used as a basis for allocating manufacturing overhead.
Overhead Cost
Expenses related to the ongoing operation of a business that cannot be directly traced to a specific product or service, like rent, utilities, and insurance.
Activity-Based Costing
A method of costing that apportions overhead and indirect expenditures to products and services related to the activities they entail.
Machine-Hours
A unit of measure representing the operation of machinery or equipment for one hour, often used in allocating manufacturing overhead costs based on actual or budgeted machine usage.
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