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Machine-Hours
A measure of the amount of time machines are used in the production process, often used for allocating manufacturing overhead.
Batches
Quantities of material or products processed or produced at the same time in a manufacturing process.
Product Margins
refer to the difference between the selling price of a product and its production costs, indicating the profitability of the product.
Activity-Based Costing
A costing method that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each.
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