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Machine-Hours
Machine-hours are a measure of the total time machines are operated during a specific period, typically used for allocating manufacturing overhead costs.
Batches
Groups of items or goods processed or produced together as a single unit, typically within the same production run or period.
Activity Rates
Rates used in activity-based costing to allocate overhead costs to products or services, based on the amount of activity consumed.
Activity-Based Costing
A technique for determining the true cost of a product by assigning its share of overhead costs based on the specific activities it requires.
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