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Define organizational culture and explain what shapes the culture of an organization.
Activity Rate
A measure used in activity-based costing to allocate overhead costs to products or services, based on specific activities or cost drivers.
Machine Hour
A measure of production time, used as a basis for allocating manufacturing overhead costs to products based on machine usage.
Factory Overhead Rates
A calculation used in manufacturing to allocate indirect costs, like utilities and salaries, to products.
Machine Hours
A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs to products.
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