Examlex
What is the term for software that has integrated system capability using real-time data?
Direct Labor Hours
The total hours worked by employees directly involved in producing goods or services.
Assembling Department
A section within a manufacturing operation where various components are put together to form a finished product.
Activity-based Costing
A method of allocating overhead and indirect costs based on each product's or service's actual consumption of resources.
Cost Pools
A method used in cost accounting to group collected costs, which simplifies allocating costs to different products, services, or departments.
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