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PLCs were first used by the_________ industry in the late 1960s.
Indirect Expenses
Costs that are not directly linked to a specific product or service, such as utilities and administrative salaries.
Cost Center
A division or a department within an organization that does not directly contribute to profit but incurs costs.
Joint Cost
The cost incurred in the process of producing two or more joint products before the point where these products are separately identifiable.
Investment Center
A segment or division within a company for which direct responsibility is given to a manager, who is judged by the profitability and the return on investment of the division.
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