Examlex
ERP and e-commerce systems should not interface with each other.
Traditional Costing System
A costing methodology that assigns manufacturing costs to products based on volume metrics such as direct labor hours or machine hours.
Unit Product
A specific item or version of a product, distinct in unit size or configuration, produced by a company.
Direct Labor-Hours
The total time workers spend producing a product or performing a service, specifically those directly involved in manufacturing.
Activity-Based Costing
A technique for determining costs that discerns activities in an organization and charges the cost of these activities to all products and services, based on the real amount each consumes.
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