Examlex
When the government sells something it produces,
Variable Manufacturing Overhead
Expenses in the production process that vary with the level of production output, such as utilities or materials costs.
Fixed Manufacturing Overhead
Costs that do not change with the level of production output and are required to operate a manufacturing facility, such as rent and salaries of managers.
Machine-Hours
A gauge of manufacturing output or activity determined by the operation duration of machinery.
Machine-Hours
A measure of production time, calculated as the number of hours a machine is operated within a given period, used for allocating machine-related costs.
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