Examlex
The unit of force called the newton is:
Variable Manufacturing Overhead
consists of production costs that fluctuate with the level of output, such as utilities or materials used in the maintenance of equipment.
Fixed Manufacturing Overhead
Indirect manufacturing costs that do not vary with production volume, such as salaries of managers, rent, and utility expenses.
Labor-Hours
A measure of the amount of work effort measured in hours, often used in tracking productivity and calculating labor costs.
Predetermined Overhead Rate
An estimated overhead rate used in costing to assign indirect costs to products or services based on an activity measure, recalculated for emphasis.
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