Examlex
Most railroad construction was in the south.
ABC System
Activity-Based Costing System, a method of assigning overhead and indirect costs to specific products and services based on their consumption of resources.
Cost Pools
Groupings of individual costs based on their similarity or a shared function, used in activity-based costing to allocate costs more accurately.
ABC System
Stands for Activity-Based Costing system, a method of allocating overhead and indirect costs to specific products or services based on their consumption of resources.
Prime Cost
Direct materials plus direct labor costs.
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