Examlex
Which of the following is NOT an objective of derived data?
Activity-based Costing
A costing method that assigns overhead and indirect costs to specific activities based on their use of resources, improving accuracy in pricing and product management.
Direct Labor
The cost of wages for workers directly involved in the manufacturing or production of goods.
Allocation Base
A measure of activity such as direct labor-hours or machine-hours that is used to assign costs to cost objects.
Activity Cost Pool
A “bucket” in which costs are accumulated that relate to a single activity measure in an activity-based costing system.
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