Examlex
MATCHING
-Wagner Act
Activity-Based Costing
This is a pricing technique which tags and assigns the expenses of each activity within a company to its various products and services, based on their specific consumption levels.
Overhead Cost
All ongoing business expenses not directly attributed to creating a product or service, including rent, utilities, and salaries of non-production employees.
Activity Cost Pools
Collections of all the costs associated with a particular business activity, facilitating more precise allocation of overheads.
Overhead Cost
Indirect expenses related to the production of goods or services, such as rent, utilities, and salaries of management, that cannot be directly tied to a specific product.
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