Examlex
Complete the operation and simplify if necessary.
Products
Goods or services offered by a business or manufacturer to consumers for purchase.
Allocated Overhead
The process of distributing indirect costs to various departments, projects, or products based on a certain formula or method.
Activity-based Management
A method of management that focuses on business activities for improving the value received by the consumer and the profit gained by providing this value.
ABC
Activity-Based Costing (ABC) is a method of assigning indirect costs to products and services based on the activities they require.
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