Examlex
Match the options below with the correct phrases:
-ERG theory
Overhead Rate Methods
Different methodologies used to allocate overhead costs to products or services based on criteria such as direct labor hours, machine hours, or direct material costs.
Departmental Overhead Rate
This rate is used to allocate indirect costs to specific departments, based on a relevant metric like labor hours or machine hours.
Activity-Based Costing
A pricing strategy that tracks the various tasks performed within a company, allocating the associated costs to different products and services in proportion to their direct usage.
Cost Flows
The movement and allocation of costs within an accounting system, often associated with manufacturing processes.
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