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Manufacturing Overhead
All indirect costs associated with the production process, including utilities, maintenance, and factory equipment depreciation.
Predetermined Overhead Rates
Predetermined overhead rates are calculated by dividing estimated overhead costs by an allocation base, such as direct labor hours, used to assign overhead costs to products or services.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, including indirect labor, materials, and other expenses not directly tied to production.
Machine-Hours
The total time, calculated in hours, that machinery is operational and working on production tasks during a given period.
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