Examlex
Which of the following was NOT one of the policies enacted by NCLB?
Traditional Costing System
A cost accounting method that assigns overhead costs to products based on a predetermined overhead rate and actual levels of a cost driver.
Overhead Cost
Indirect expenses related to the general operation of a business, such as rent, utilities, and administrative salaries, not directly tied to any specific product or service.
Direct Labor-Hours
The total hours worked by employees who are directly involved in the production process, often used to allocate manufacturing overhead.
Activity-Based Costing
A costing method that allocates overhead costs to products based on the activities required to produce them.
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