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Activity-Based Costing
An accounting method that assigns costs to products and services based on the activities they require, aiming for more precise cost allocation.
General Factory
A term generally referring to the main production site where various goods are manufactured.
Activity-Based Costing
A method of accounting that recognizes and allocates expenses to overhead operations, before distributing those expenses to the products.
General Factory
Expenses related to the general operation of a manufacturing plant, not directly tied to specific units of production.
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