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Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Distribution of Resource Consumption Across Activity Cost Pools:
Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:
Activity: The activity rate for the Order Filling activity cost pool under activity-based costing is closest to:
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The pursuit of learning and acquiring new skills or knowledge, typically after completing formal education, often required in various professions for maintaining licensure.
Continuing Education
Structured post-secondary learning experiences, often required in various professions to maintain a level of competency.
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The actual hours as shown on a clock, used to measure time in a linear fashion.
Good Grooming
The practice of personal hygiene and cleanliness, along with maintaining an appropriate and neat appearance.
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