Examlex
What are four categories of crowds? Give an example of each.
Machine-Hours
A measure of production output or work using machines, calculated as the number of machines used multiplied by the hours they operate.
Fixed Overhead Budget Variance
The difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs.
Predetermined Fixed Manufacturing Overhead Rate
A rate used to allocate fixed manufacturing overhead to products based on a predetermined activity level.
Fixed Manufacturing Overhead Budget Variance
The difference between the actual fixed manufacturing overhead costs and the budgeted fixed overhead costs.
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