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Production Departments
Sections within a manufacturing facility where the actual production or assembly of goods takes place.
Activity-Based Costing
A method of accounting that assigns costs to products based on the amount of resources they consume.
Overhead Costs
Expenses related to the operation of a business that are not directly tied to a specific product or service.
Support Activity Costs
Costs incurred by activities that do not directly produce a product or service but are essential to the organization's operation, such as HR and IT.
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