Examlex
The OS may create a process on behalf of an application.
Direct Labor-Hours
The totality of hours devoted by workers directly engaged in the fabrication of products.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, including utilities, rent, and salaries for non-direct labor, that are not directly traceable to specific units produced.
Overapplied Manufacturing Overhead
A scenario in which the allocated manufacturing overhead costs exceed the actual overhead costs incurred.
Work in Process Inventory
Items partly finished in manufacturing but not yet ready for sale, representing a stage between raw materials and final products on the balance sheet.
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