Fill in the Blank(s)

question 3

Short Answer

Fill in the Blank(s)
-_______converts sourced inputs into a product or service that customers value.

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Definitions:

Activity Cost Pool

A compilation of all the costs related to a specific activity or process in cost accounting.

Overhead

The ongoing administrative and operational expenses of a business that are not directly attributable to specific business activities.

Direct Labor-Hours

A measure representing the total hours worked directly on the production of goods or the provision of services.

Product W8

A hypothetical product referred to by its code name W8, details of which depend on the context.