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Which of the following is a disadvantage of ordinal data?
Direct Labor Costs
Costs that are directly associated with the production of goods, such as wages paid to manufacturing staff.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead to individual jobs or products based on a specific activity base.
Fixed Manufacturing Overhead
Manufacturing overhead costs that remain constant regardless of the level of production or activity volume.
Direct Labor Costs
The wages or salaries paid to workers who are directly involved in the production of goods or services.
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