Match the Term with Its Definition

question 114

Multiple Choice

Match the term with its definition.
-Startup ideas involving new or relatively new technology, centered around providing customers with a new product or service

• A)focus strategies
• B)general environment
• C)industry environment
• D)intangible resources
• E)new benefit ideas
• F)new market ideas
• G)new technology ideas
• H)opportunity recognition

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Definitions:

Manufacturing Overhead

All indirect manufacturing costs, encompassing expenses such as maintenance, utilities, and salaries not directly tied to specific units produced.

Activity-Based Costing

Activity-Based Costing is an accounting method that assigns costs to products or services based on the activities they require.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual products or job orders based on a specific activity base, such as machine hours.

General Factory

A place where a wide range of items may be manufactured, typically not limited to a specific product line or process.