Overhead persistent infrared Overhead persistent infrared are those systems originally developed to detect and track foreign intercontinental ballistic missile systems. Also called OPIR.
Single overhead camshaft (SOHC) Single overhead camshaft (SOHC) is an engine with one camshaft located in the upper portion of the cylinder head.
Dual overhead camshafts (DOHC) Dual overhead camshafts (DOHC) is an engine with two camshafts located in the upper portion of the cylinder head.
Overhead controllable variance Overhead controllable variance is the difference between normal capacity hours and standard hours allowed times the fixed overhead rate.
Total overhead variance Total overhead variance refers to the difference between actual overhead costs and overhead costs applied to work done.
Overhead volume variance The overhead volume variance refers to the difference between normal capacity hours and standard hours allowed times the fixed overhead rate.
Standard predetermined overhead rate Standard predetermined overhead rate is an overhead rate determined by dividing budgeted overhead costs by an expected standard activity index.
Manufacturing overhead budget Manufacturing overhead budget is an estimate of expected manufacturing overhead costs for the budget period.
Under- or Overapplied overhead Underapplied overhead means that the overhead assigned to work in process is less than the overhead incurred. Overapplied overhead means that the overhead assigned...
Predetermined overhead rate The predetermined overhead rate is a rate that based on the relationship between estimated annual overhead costs and expected annual operating activity.