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Activity Cost Pools
Aggregations of all the costs associated with a particular business activity or process, used in activity-based costing.
Machine-Hours
A measure of the amount of time a machine is operated, used in allocating manufacturing costs to products.
Batches
Groups or sets of goods that are processed or produced together within a production cycle or process.
Overhead Costs
Overhead costs refer to the indirect expenses related to the operation of a business, such as utilities, rent, and administrative salaries.
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