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Differentiate the function.
ABC
Can refer to Activity-Based Costing, a method of assigning costs to products or services based on the resources they consume.
Activities
In a business context, activities refer to the various tasks, operations or functions performed within the organization to achieve its objectives.
Drive Costs
Strategies or actions taken to reduce, control, or manage expenses in a business to improve profitability.
Plantwide Overhead Rate
A single overhead absorption rate calculated for an entire manufacturing plant, applied uniformly to all units produced.
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