Examlex
Unlike simple stereotypes, sociological generalizations:
Activity Rate
This refers to the cost driver rate used in activity-based costing to allocate costs to products or services based on the activities that those products or services require.
Activity Cost Pool
A grouping of all the costs related to a particular activity, used in activity-based costing to allocate costs to products or services.
Machine-Hours
The total number of hours that machines are in operation during a specific period in the production process.
Machining Costs
Expenses related to the operation of machining equipment, including maintenance, energy consumption, and tooling.
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