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Gross Sales
The total revenue generated from sales of goods or services before any deductions are made, such as returns, allowances, and discounts.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials and labor.
Activity Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on the activities that consume resources.
Costs Allocation
The process of assigning indirect costs to different departments, projects, or products to accurately reflect the expenses incurred.
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