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Match the Following Numbered Items with the Most Correct Response

question 11

Multiple Choice

Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
-McDonald's owns and franchises fast-food restaurants.


Definitions:

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, used as a basis for allocating labor costs to products.

Activity-Based Costing

A method in cost accounting that assigns costs to products and services based on the activities involved in their production or delivery.

Activity Rates

Rates used in activity-based costing to assign overhead costs to products or services, based on the activities that drive those costs.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate cost information.

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