Examlex
Change icons that appear in the Slides tab indicate changes made at the presentation level. _________________________
Activity-Based Costing
A method of accounting that assigns costs to products or services based on the activities required to produce them, aimed at providing more accurate costs.
Overhead Cost
The ongoing expenses of operating a business that are not directly attributable to a specific product or service, including rent, utilities, and administrative expenses.
Product Costs
The total costs incurred to produce a product, including direct materials, direct labor, and manufacturing overhead.
Activity-Based Costing
A costing method that assigns costs to products or services based on the activities and resources that go into producing them.
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