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Accounts
This term involves the records that summarize transactions affecting the financial position and operating results of a business.
Supervisory Costs
Indirect costs related to the salaries and benefits of supervisory staff within the production process.
Machine Hours
A measure of production activity or volume based on the number of hours machines are operating in the manufacturing process.
Idle Capacity
The portion of a company's resources or assets that are underused or not being used at all, often leading to inefficiency and increased costs.
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