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Activity Rate
A metric used to allocate costs to cost objects based on the activities that drive costs, often used in activity-based costing.
Estimated Costs
Projected or forecasted costs associated with manufacturing, projects, or operations, used for budgeting and planning purposes.
Activity-Based Costing
A costing method that allocates overhead costs to specific products or activities based on their consumption of resources.
Estimated Overhead Cost
The projected cost of indirect production expenses for a specific period.
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