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Inspiration occurs when the diaphragm moves upward into the thoracic cavity and the intercostal muscles pull out and separate the rib cage.
Manufacturing Overhead Rate
The rate used to allocate manufacturing overhead costs to products, calculated as total overhead costs divided by a selected allocation base.
Machine-Hours
A measure of the amount of time machines are operated in the production of goods, used as a basis for allocating manufacturing overhead in cost accounting.
Overhead Applied
The portion of overhead costs allocated to individual products or services based on the predetermined overhead rate.
Manufacturing Overhead Applied
The allocation of estimated manufacturing overhead costs to individual units of production based on a predetermined rate.
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