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The first step in the Change Management Plan is to _____, and entails defining the players and stakeholders involved in the change, their roles, and how they will interact with each other.
Predetermined Overhead Rate
A calculated rate used to allocate manufacturing overhead costs to products or job orders, based on a projected level of activity.
Direct Labor-Hours
The total number of labor hours worked by employees who are directly involved in the manufacturing process.
Job-Order Costing System
An accounting system that accumulates costs per job rather than per time period, used in industries where goods are custom-made.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on a certain activity.
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