Examlex
The information contained in performance appraisals helps managers
Transfer Price
The price charged for goods or services transferred between departments or subsidiaries of the same company, often used for accounting or tax purposes.
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor directly involved in manufacturing.
Allocated Fixed Costs
Fixed costs that are distributed across different departments or products based on predetermined criteria or cost drivers.
Cost Driver
An activity or factor that incurs costs based on its level of usage or volume, playing a critical role in activity-based costing.
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