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Our adaptive flexibility in responding to different environments contributes to our fitness,which refers to
Low-Volume Products
Products that are manufactured or sold in relatively small quantities compared to other products.
Cost Pool
A collection of indirect costs grouped together, typically for the purpose of allocating them to different products, services, or departments.
ABC
Activity-Based Costing; a method of assigning overhead and indirect costs to specific products or projects based on their use of activities.
Activity
Any action or operation within a business that incurs costs or generates revenues.
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