Examlex
What is a wacke?
Manufacturing Overhead
All indirect costs associated with the production process, including costs related to factory equipment maintenance, utilities, and quality control.
Machine-Hours
A measure of the amount of time a machine is operated in the production process, used for allocating manufacturing overheads.
Predetermined Overhead Rate
An estimated overhead rate used to allocate manufacturing overhead costs to products or job orders, based on a selected activity base.
Casting Department
A department within a manufacturing facility where molten materials are poured into molds to create product components.
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