Examlex
When tissues and organs unite, they form systems.
Activity-based Costing
An approach to assigning an organization's overhead costs to specific products or services based on the activities undertaken to produce those products or services.
Direct Labour-hours
Direct labor-hours are the total hours spent by workers who directly contribute to the manufacture of a product, a direct measure of labor input.
Activity Cost Pools
Aggregations of all the costs associated with specific activities, used in activity-based costing to allocate costs more accurately.
Activity-based Costing
A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.
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