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Technician A says if the amber ABS warning light is on continuously, the ABS system is still operational but may not be operating at 100 percent efficiency. Technician B says ABS operation might be affected by improperly turning the drums and rotors. Who is correct?
Machine-Hours
A measure of the total time that machines are operating, often used as a basis for allocating manufacturing overhead costs.
Markup
The amount added to the cost price of goods to cover overhead and profit, resulting in the selling price.
Selling Price
The amount of money charged to the customer for a product or service, determined by adding a margin to the cost price.
Overhead Applied
The allocation of estimated overhead costs to specific jobs or departments based on a predetermined rate or method.
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