Examlex
What are the principal instruments of globalization in the last 30 years?
Machining
The process of removing material from a workpiece to shape or finish it using machine tools, typically in a manufacturing or engineering setting.
Unit-level Activity
Pertains to the activities or actions that vary directly with the number of units produced or services delivered.
Product-level Activity
Activities and costs associated with a specific product, rather than with a company's operations as a whole.
Plantwide Overhead Rate
A single predetermined overhead rate that is used throughout a plant.
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