Examlex
________ is computer code as written by humans and that is understandable by humans.
Activity-Based Costing
A costing method that assigns costs to products or services based on the activities and resources required to produce them, aiming for more accurate cost allocation.
Direct Labor-Hours
The total hours of labor directly involved in manufacturing a product, which are often used to allocate manufacturing overhead costs to products.
Direct Materials Cost
The cost of raw materials and components that are directly used in the production of a product.
Activity-Based Costing
A method of accounting in which costs are assigned to products or services based on the resources they consume.
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