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Institutional racism
Fixed Manufacturing Overhead
Costs related to production that do not change with the level of output, such as rent, salaries of permanent staff, and depreciation of factory equipment.
Job-Order Costing System
An accounting system that assigns costs to specific production batches or jobs, used in environments where products are customized or not identical.
Manufacturing Departments
Divisions within a manufacturing organization, each focusing on a specific aspect of the production process.
Machine-Hours
A measure of production volume or activity based on the number of hours machines are operated.
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