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Oils and fats
Variable Manufacturing Overhead
Costs that vary with production output levels, such as utilities and indirect materials, associated with manufacturing.
Machine-Hours
A measure of the amount of time a machine is operated, used in manufacturing to allocate overhead costs to products.
Machine-Hours
A metric signifying the amount of time a machine operates, utilized for computing the costs and effectiveness of production.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead cost to products, calculated before the production period begins.
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