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From 2000 to 2014,the Dollar Depreciated Substantially Against Other Currencies

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From 2000 to 2014,the dollar depreciated substantially against other currencies.This drop in value most likely benefitted


Definitions:

Casting

A manufacturing process where a liquid material is poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify.

Assembly

The phase in manufacturing where components are put together to form a final product.

Predetermined Overhead Rates

Rates used to allocate manufacturing overhead costs to products or job orders, calculated based on estimated costs and activity levels.

Machine-Hours

A measure of production time that quantifies the number of hours machines are operated in the manufacturing process.

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