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The synchronous motor can be implemented to correct or improve the power factor of three-phase industrial circuits, thereby reducing operating costs.
Departmental Overhead Rates
The allocation of indirect costs to specific departments based on relevant cost drivers, aiding in more accurate product costing and pricing decisions.
Finishing Department
The finishing department is the final stage in the manufacturing process where goods receive their final touches or coatings before being sold.
Machine Hour
A unit of measurement that indicates the amount of time a machine is operated, used in allocating manufacturing costs related to machinery use.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on their consumption of resources, aiming to provide more accurate product costing.
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