To Create a Baseline of Performance Data,you Create a ____________________

question 1

Short Answer

To create a baseline of performance data,you create a ____________________ that specifies the performance counters you want to collect,how often to collect them,and the time period.

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Definitions:

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.