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Roger Williams got into trouble with Massachusetts Bay authorities because he
Activity-Based Costing
A costing method that assigns costs to products or services based on the activities and resources that go into creating them, aiming for more accurate cost information.
Activity-Based Costing
is a method of accounting that assigns costs to products based on the activities they require, aiming to provide more accurate product costing.
Activity Rate
The activity rate refers to a predetermined overhead rate used in activity-based costing to allocate costs to products or services based on specific activities.
Predetermined Overhead Rate
A rate calculated before the accounting period begins, used to assign overhead costs to products or job orders based on a relevant activity base such as machine hours or labor hours.
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