Examlex
A ____ is a small, flat, rectangular pointing device that is sensitive to pressure and motion.
Machine-hour
A unit of measure representing the operation of a machine for one hour, often used in cost accounting to allocate expenses.
Cost Formula Equation
An equation used to predict the total cost of production, combining both fixed and variable costs.
High-low Method
A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.
Mixed Cost
A cost that contains both variable and fixed cost elements, changing in total with changes in the activity level but not proportionately.
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