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How did Knights of Labor leaders' goals differ from the new members' goals?
Batch-Level Activities
These are tasks or operations that are performed for a batch of products, rather than for each individual unit or continuously for the whole process.
First-Stage Allocation
The process by which overhead costs are assigned to activity cost pools in an activity-based costing system.
ABC System
The Activity-Based Costing system that assigns manufacturing overhead costs to products in a more logical manner by taking into account the specific activities that incur costs.
Activity Cost Pools
Groups of related costs that are associated with particular activities, used in activity-based costing.
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