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The U.S.government will probably return soon to a system of paper money backed by gold.
Allocation Base
The criteria or standard used for distributing overhead costs to various cost objects, such as products, services, or departments.
Assembly Department
A specific section in a manufacturing facility where components are assembled into finished goods.
Machine Hours
A measure of the time machines are in operation, used to allocate machine-related expenses to production activities.
Finishing Department
The section within a manufacturing process where products are completed, polished, or packaged.
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