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Many studies indicate that dominant group members profit from discrimination.
Activity-Based Costing
An accounting method that assigns costs to products or services based on the activities required to produce them, emphasizing cost drivers.
Direct Labor-Hours
Direct labor-hours refer to the total number of hours worked by employees that are directly involved in the manufacturing process of a company's products.
Traditional Costing
A costing method that applies indirect costs to products based on a predetermined overhead rate, often not considering the actual activities that incur costs.
Overhead Assigned
The process of allocating manufacturing overhead costs to specific units of product based on a predetermined rate or method.
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