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Secondary prevention is intended to:
Plantwide Overhead Rate
A single overhead rate calculated by dividing all manufacturing overhead costs by an entity's total allocation base, typically direct labor hours or machine hours, used across an entire factory.
Machine Hours
A measure of the total time that machines are operating, used in cost accounting to allocate machine-related expenses to products.
Allocation Base
A measure or statistic used to allocate costs among different departments, products, or activities within an organization.
Overhead Costs
Expenses not directly tied to production, including rent, utilities, and administrative costs.
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