___ Computing Pools Various Hardware and Software Components to Create

question 36

Short Answer

___ computing pools various hardware and software components to create a single IT environment with shared resources.

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Definitions:

Direct Labor Hours

The total hours worked by employees directly involved in manufacturing or producing a company's products.

Budgeted Overhead

Forecasted costs associated with running a company that are not directly tied to a specific product or service.

Actual Overhead

The actual amount of overhead costs incurred by a company during a specific period.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products by estimating overhead costs in advance.