Examlex
Logical cost allocation bases include:
Machine-Hours
A measure of production output or capacity, indicating the total hours that machinery is operated over a specific period.
Fixed Overhead
Regular, unchanged costs incurred by a business for its operations regardless of varying levels of production, such as rent, salaries, and insurance.
Unused Capacity
The available resources or production capabilities that are not currently being utilized.
Activity-Based Costing
A method of costing that apportions indirect expenses and overhead to specific operations, enhancing the accuracy of product cost calculations.
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