Examlex
Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less developed nations because of the:
Direct Labor-Hours
A measure of the total hours worked by employees who are directly involved in the manufacturing process or production of goods.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead to products or job orders, calculated before the period begins by dividing estimated overhead costs by an estimated allocation base.
Machine-Hours
A measurement of the amount of time machines are operated in the production process, used as an allocation base for applying manufacturing overhead.
Direct Labor-Hours
A measure of the total hours worked directly on a specific product or service by employees.
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