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Technician A says most manufacturers use a multi-disc clutch pack and a set of planetary gears to allow the continuously variable transmission (CVT) to operate in reverse. Technician B says Ford Motor Company uses these planetary gear sets to create a two-speed CVT. Who is correct?
Direct Labor-Hours
Combined working hours of staff directly participating in the manufacturing of products or provision of services.
Job-Order Costing System
An accounting system that tracks costs individually for each job, suitable for companies producing unique products or services.
Activity-Based Costing
A costing technique that determines the cost of a product based on the activities involved in its production and the extent to which the product uses those activities.
Manufacturing Overhead
Costs related to the production process that are not directly tied to the product, such as rent for the manufacturing space, utility costs, and salaries for manufacturing management.
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