Examlex
Coherence refers to the
Activity-Based Costing
A costing methodology that assigns costs to products based on the amount of resources used for specific activities, such as manufacturing or selling.
Direct Labor-Hours
The total hours worked by employees directly involved in the manufacturing process of a product.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to specific activities, enhancing cost precision.
Overhead Cost
Indirect costs of business operations, such as lighting, rent, and administrative salaries, not directly tied to a specific product or service.
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