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First Stage Allocations
The process of assigning indirect costs to different departments or cost centers within a business.
Equipment Depreciation
The process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value due to use, wear and tear, or obsolescence.
Supervisory Expense
Costs associated with managerial or oversight activities within an organization, typically involving salaries and benefits of supervising staff.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to specific activities related to production.
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