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Testing procedures and standards must already be in place before any application program can be approved for use in the company.
Machine Setups
The process and associated costs of configuring machinery to produce a specific product or batch of products.
Activity Cost Pool
A compilation of all the costs related to a specific activity or process in cost accounting.
Overhead
The ongoing administrative and operational expenses of a business that are not directly attributable to specific business activities.
Direct Labor-Hours
A measure representing the total hours worked directly on the production of goods or the provision of services.
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