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Production Order
A document issued to the manufacturing shop floor to produce a specific quantity of material within a certain timeframe.
Batch-level Activity
Activities and costs that are incurred whenever a batch of goods is produced, regardless of the size of the batch.
Activity Cost Pool
A grouping of all the costs related to a particular activity in the activity-based costing method.
Activity Rate
An overhead rate in activity-based costing. Each activity cost pool has its own activity rate which is used to assign overhead to products and services.
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