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Activity-based Costing
Activity-based costing is an accounting method that assigns costs to products based on the activities they require.
Overhead Cost
General expenses related to the day-to-day operations of a business that cannot be directly linked to a specific product or service.
Activity-based Costing
A costing method that assigns overhead and indirect costs to specific activities, providing a more accurate allocation of costs to products.
Overhead Cost
Expenses related to the operation of a business that cannot be directly linked to a specific product or service.
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