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Charles Darwin was the author of the landmark book on evolution On the Origin of Species.
Direct Labour Hours
The total hours worked by employees directly involved in the production process, used to allocate labor costs to products or services.
Predetermined Overhead Rates
Rates used in costing that are established in advance to allocate overhead costs based on estimated expenditures.
Direct Labour Cost
The wages and other remunerations paid to employees directly involved in the manufacturing or production process.
Machine Hours
A measure of the total time that a machine is operated during a certain period, often used for allocating machine-related overheads.
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