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High Volume Products
Products that are produced or sold in large quantities, often benefiting from economies of scale.
Departmental Overhead Rates
Costs associated with running a department that are allocated to the products or services it produces, based on a specific rate.
Overhead Costs
Expenses related to the operation of a business that cannot be directly attributed to a specific product or service, such as rent, utilities, and management salaries.
Idle Capacity
Unused or underutilized production capacity within a manufacturing operation, often leading to increased costs without corresponding revenue.
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