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Activity-Based Costing
An accounting approach that assigns costs to products or services based on the activities and resources used in production or provision.
Batch Processing
A method of processing data or producing goods in groups or batches, where the items in a batch are processed before moving on to the next batch.
Supervisory Wages
Compensation paid to employees responsible for overseeing and directing workers or production.
Processing Batches
The grouping of similar items or transactions for processing at the same time to increase efficiency.
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