Examlex
In the product / market expansion grid,two approaches to growth that involve new product development are ________ and ________.
Machining
The process of removing material from a workpiece to create a desired shape or finish using various machine tools.
Batch Level
Pertaining to costs or activities that are associated with a group of units produced together, rather than individual units or the entire production process.
Facility Level
Pertains to overhead costs and activities that are tied to the overall operation and maintenance of a production facility or plant.
Activity-based Costing
A costing method that assigns costs to products and services based on the activities and resources that go into their production, providing detailed information on where and how costs are incurred.
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