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Activity Cost Pools
Aggregations of all the costs associated with a particular activity, used in activity-based costing.
Departmental Overhead Rates
Refers to the allocation of indirect costs to specific departments within a company, which is used for cost control and pricing decisions.
Machine Hours
A measure of production activity; the total hours that machines are operating in a manufacturing process.
Direct Labor Hours
The total hours worked by employees directly involved in the manufacturing process of a product.
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