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Which was the new system of thought that developed during the Song dynasty?
Factory Overhead Budget
An estimation of the total costs required to support the manufacturing operations, excluding direct materials and direct labor.
Production Cost Pool
is a collection of direct and indirect manufacturing costs that are assigned to products based on specific allocation criteria.
Activity Rate
A measure used in activity-based costing to allocate overhead costs to products or services, based on specific activities or cost drivers.
Machine Hour
A measure of production time, used as a basis for allocating manufacturing overhead costs to products based on machine usage.
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