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Allocating Costs
The process of assigning indirect expenses to different departments, products, or projects based on relevant criteria.
Measure Of Activity
A parameter or unit used to quantify the level of operational or production activity within a specific period.
Product Margin
Product Margin is the difference between the selling price of a product and the costs associated with its production and sale, showcasing the profitability of specific products.
Activity Cost Pools
Groups of costs associated with particular activities, used in activity-based costing to allocate costs more precisely.
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